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"Figuring Zeroes off" by Blueriver - 3/4/19
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"Figuring Zeroes off" by Blueriver - 3/4/19
Vee asked someone to explain what they mean when they say six zeroes off.
Since no one has answered this, I will give my take on it.
A million has 6 zeroes, a trillion has 12 zeroes.
A 100 Trillion dollar note is 100 with 12 zeroes following.
Removing 6 zeroes leaves 100 with 6 zeroes, or 100 million.
So at the rate of .11 -.41.......
100 million x .11 = $11 million dollars
100 million x .41 = $41 million dollars
So, a 100 trillion dollar note will exchange for between $11 million and $41 million dollars.
BUT, a bond is a bond, and dropping zeroes is not supposed to happen. If the zeroes are not dropped, then you are looking at $11 trillion to $41 trillion dollars at your exchange for the international rate.
Blessings,
Blueriver
Since no one has answered this, I will give my take on it.
A million has 6 zeroes, a trillion has 12 zeroes.
A 100 Trillion dollar note is 100 with 12 zeroes following.
Removing 6 zeroes leaves 100 with 6 zeroes, or 100 million.
So at the rate of .11 -.41.......
100 million x .11 = $11 million dollars
100 million x .41 = $41 million dollars
So, a 100 trillion dollar note will exchange for between $11 million and $41 million dollars.
BUT, a bond is a bond, and dropping zeroes is not supposed to happen. If the zeroes are not dropped, then you are looking at $11 trillion to $41 trillion dollars at your exchange for the international rate.
Blessings,
Blueriver
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Re: "Figuring Zeroes off" by Blueriver - 3/4/19
The math is right but the logic is wack. It's like calculating your car's fuel efficiency so that you can make your plans to drive it to the moon.
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Busting Gurus Since 2011
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