Purchase Solution

How To Spend $1,000,000

Not what you're looking for?

Ask Custom Question

Pretend that you have been given $1,000,000.00 to spend as you choose on physical items. You can only buy one of each thing. You must buy exactly 20 items. You donâ??t have to include tax and shipping. Spend exactly 1,000,000.00 to the penny. Include a picture and detailed description of each item and why you bought it.

Also, include one paragraph reflecting how you felt about it all and answer the questionâ?¦if someone asked you â??how much is a million dollars?â?? what would you say and why?

Purchase this Solution

Solution Summary

This solution offers a breakdown about how to hypothetically spend $1,000,000 to the exact penny. A list of twenty items is suggested for purchase with rationale for the choices.

Solution Preview

To do this assignment, you first have to identify twenty items that cost $1,000,000.00. The items do not have to be of equal value. They only need to sum up to $1,000,000. The main challenge to this will be to spend the $1,000,000.00 to the penny. Here is my suggestion on items:

1.)Buy a commercial rental property......approximate value $250,000.00.
2.)Buy a real estate lot.......approximate value...$250,000.
3.)Buy a house........approximate value $200,000.
4.)Buy sixteen issues of stock. Calculate the purchase so that the total of the sixteen issues of stock and the three pieces of ...

Purchase this Solution


Free BrainMass Quizzes
Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Introduction to Finance

This quiz test introductory finance topics.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.