Every year Jeff Bezos sells 5 billion dollars worth of Amazon stock to fund his commercial space company. If you had a job making 250 dollars an hour, how many years would you have to work to make one year's worth of Jeff Bezos funding his space company?
Every year Jeff Bezos sells 5 billion dollars worth of Amazon stock to fund his commercial space company. If you had a job making 250 dollars an hour, how many years would you have to work to make one year's worth of Jeff Bezos funding his space company?
Chemistry
10th Edition
ISBN:9781305957404
Author:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Publisher:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Chapter1: Chemical Foundations
Section: Chapter Questions
Problem 1RQ: Define and explain the differences between the following terms. a. law and theory b. theory and...
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Question
Every year Jeff Bezos sells 5 billion dollars worth of Amazon stock to fund his commercial space company. If you had a job making 250 dollars an hour, how many years would you have to work to make one year's worth of Jeff Bezos funding his space company?
Expert Solution
Calculation
5 billion dollars = 5,000,000,000 dollars
I had a job making 250 dollars an hour
So, total hours I need to reach 5 billion dollars = 5,000,000,000/250 = 20000000 hours
1 year = 365*24 hours = 8760 hours
Leap year = 366*24 hours = 8784 hours
a set of 4 years = 8760*3 + 8784 hours = 35064 hours
total set of 4 years required = 20000000/35064 = 570.3856
So, total years = 570.3856*4 = 2281.54 years
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