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  3. How much is a billion?

How much is a billion?

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  • M Offline
    M Offline
    Member_14923
    wrote on last edited by
    #1

    I came across this site http://www.chass.utoronto.ca/~gromero/billion.html and their explanation has got me confused. Can any techy savvy people clear this??

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    • M Member_14923

      I came across this site http://www.chass.utoronto.ca/~gromero/billion.html and their explanation has got me confused. Can any techy savvy people clear this??

      C Offline
      C Offline
      Chris Maunder
      wrote on last edited by
      #2

      I always thought this was country dependant. Certainly I've always thought a billion as 1000 x 1 million, trillion as 1000 x billion. I guess I always thought that that "bi" in billion meant 2 sets of "000"'s before the final "000", and the tri in trillion meaning three sets of "000"'s and final set of "000"'s. Maybe we should just use E notation instead... cheers, Chris Maunde

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      • M Member_14923

        I came across this site http://www.chass.utoronto.ca/~gromero/billion.html and their explanation has got me confused. Can any techy savvy people clear this??

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        Lori
        wrote on last edited by
        #3

        I know how much is a billion is? Pocket change for Mr. Gates!! Lor

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        • L Lori

          I know how much is a billion is? Pocket change for Mr. Gates!! Lor

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          Member 1208965
          wrote on last edited by
          #4

          I remember hearing a joke during a Jay Leno monologue once that said if standard ratios apply to Bill Gates, he's got roughly $700M in change sitting in his bedroom drawer. :

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          • C Chris Maunder

            I always thought this was country dependant. Certainly I've always thought a billion as 1000 x 1 million, trillion as 1000 x billion. I guess I always thought that that "bi" in billion meant 2 sets of "000"'s before the final "000", and the tri in trillion meaning three sets of "000"'s and final set of "000"'s. Maybe we should just use E notation instead... cheers, Chris Maunde

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            C Offline
            Chris Losinger
            wrote on last edited by
            #5

            here's how i remember it: million is 1st (monoillion ?) billion is 2nd (bi-illion) trillion is 3rd (tri-illion) quadrillion... 4 quintillion.... 5 etc. i don't understand why the UK swaps bi and tri. -

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            • M Member_14923

              I came across this site http://www.chass.utoronto.ca/~gromero/billion.html and their explanation has got me confused. Can any techy savvy people clear this??

              K Offline
              K Offline
              Kalle
              wrote on last edited by
              #6

              I live in Sweden, and the following "rules" apply: 1 milliard: 1 * 10^9 1 billion: 1 * 10^12 It's amazing how people change everything

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              • M Member_14923

                I came across this site http://www.chass.utoronto.ca/~gromero/billion.html and their explanation has got me confused. Can any techy savvy people clear this??

                S Offline
                S Offline
                Shane Warren
                wrote on last edited by
                #7

                Ok, I'm from the US but the guy I guess has a point... He's saying that you shouldn't have to come up with a new name for an amount until you come to the point where you have to say an amount twice. For example: We need a "Million" because it would be weird to say "One Thousand Thousand". So we could say what we call a Billion "One Thousand Million" without saying any of our defined amounts twice together. We could repeat this up to "999,999 Million" (um not sure on that one, looks strange), then the next number we would hit would hit is "One Million Million" thus needing a new amount "1 Billion". I myself think in terms of 1000's I guess, so saying "1 Thousand Million" sounds strange compared to "1 Billion" and it gets even stranger the higher you go

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                • C Chris Maunder

                  I always thought this was country dependant. Certainly I've always thought a billion as 1000 x 1 million, trillion as 1000 x billion. I guess I always thought that that "bi" in billion meant 2 sets of "000"'s before the final "000", and the tri in trillion meaning three sets of "000"'s and final set of "000"'s. Maybe we should just use E notation instead... cheers, Chris Maunde

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                  Jamie Nordmeyer
                  wrote on last edited by
                  #8

                  The decimal system already runs on E notation, when you think about it. When we write out numbers, we seperate them with commas at every 3 digits, or every 1000 numbers, which is, of course, how E notation works (in 3's, that is)

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                  • M Member_14923

                    I came across this site http://www.chass.utoronto.ca/~gromero/billion.html and their explanation has got me confused. Can any techy savvy people clear this??

                    L Offline
                    L Offline
                    Leo Davidson
                    wrote on last edited by
                    #9

                    How much is a billion? It doesn't matter. The word should not be used, at least not for a general audience, because there *is* no one standard billion. Any word that is used to convey a numeric value and is ambiguous should be burnt at the stake. :-) I've got the matches, anyone got a stake?

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                    • M Member_14923

                      I came across this site http://www.chass.utoronto.ca/~gromero/billion.html and their explanation has got me confused. Can any techy savvy people clear this??

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                      Alvaro Mendez
                      wrote on last edited by
                      #10

                      If all you know is English this isn't a big deal. It seems like the English language considers a billion = 1,000,000,000. However, when you go to other languages like Spanish (my native tongue), things get a little complicated. There a billion (billón) is just like the site says: 1,000,000,000,000. So you can imagine how difficult it must be for English-to-Spanish translators or reporters in the US when they hear American politicians talking about billions or trillions of dollars and have to convert that to Spanish. It's actually amazing how some of them don't even bother to do the conversion: they just treat them as equivalent!

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                      • A Alvaro Mendez

                        If all you know is English this isn't a big deal. It seems like the English language considers a billion = 1,000,000,000. However, when you go to other languages like Spanish (my native tongue), things get a little complicated. There a billion (billón) is just like the site says: 1,000,000,000,000. So you can imagine how difficult it must be for English-to-Spanish translators or reporters in the US when they hear American politicians talking about billions or trillions of dollars and have to convert that to Spanish. It's actually amazing how some of them don't even bother to do the conversion: they just treat them as equivalent!

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                        J Offline
                        John 0
                        wrote on last edited by
                        #11

                        Alvaro I don't get it... If you call 1,000,000... a million. And if you call 1,000,000,000,000... a billion. What do you call 1,000,000,000? John

                        B 1 Reply Last reply
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                        • J John 0

                          Alvaro I don't get it... If you call 1,000,000... a million. And if you call 1,000,000,000,000... a billion. What do you call 1,000,000,000? John

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                          Buck
                          wrote on last edited by
                          #12

                          1,000,000,000 = one thousand million, So 999,000,000,000 = 9 hundred and 99 thousand million, And 1,000,000,000,000,000,000,000 = one thousand million billion Regard

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                          • M Member_14923

                            I came across this site http://www.chass.utoronto.ca/~gromero/billion.html and their explanation has got me confused. Can any techy savvy people clear this??

                            A Offline
                            A Offline
                            Andy Hassall
                            wrote on last edited by
                            #13

                            www.dictionary.com: bil·lion n. Abbr. b. 1. The cardinal number equal to 10^9. 2. Chiefly British. The cardinal number equal to 10^12. 3. An indefinitely large number. [French a million million: blend of bi-, second power; see bi-1 and million.] Having said this, if you asked the average person on the street in the UK what a billion was, they'd say a thousand million. (10^9 is always used when reporting sums of money)

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                            • B Buck

                              1,000,000,000 = one thousand million, So 999,000,000,000 = 9 hundred and 99 thousand million, And 1,000,000,000,000,000,000,000 = one thousand million billion Regard

                              M Offline
                              M Offline
                              Member 1208965
                              wrote on last edited by
                              #14

                              Ow, my head hurts. :

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