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How many zeros in a billion?
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How many zeros follow the 1 in a billion? Why do accountants use the term but engineers don't? And finally, does it depend on your age?
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For more on marking an answer as the "Best Answer", please visit our FAQ.As to what is a billion, see above, but as to engineering (and scientific) terms there are a range of prefixes for example for the measurement of meters: 10^18 1Exemeter, 10^15 1 (I can't remember this one) 10^12 1 Terameter, 10^9 1 Gigameter, 10^6 1 Megameter, 10^3 1 Kilometer, 10^0 1 Meter, 10^-3, 1 milimeter, 10^-6 one micrometer, 10^-9 one nanometer, 10^-12 one picometer, 10^-15 one femptometer and 10^-18 one atometer. There are a range of other units, for exmaple a light year with is the distance traveled by light in onbe year, about 94.7 Terameters (I think) or an Anstrong 1^-10 meters or 0.1 nanometers. these terms are convenient for the scale the scientist/engineer is working at, but are also understandable by other workers in other fields and don't carry the ambiguity of 'a billion'. Hope this helps, Hamish
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TheHitMaker - This is my reason for asking the question, when did it change and how is that change documented? ITS-90 thouroughly documents the changes to the Celsius temperature range (and the change is small - insignificant to most people), but who and where is the documentation for a thousandfold change in financial reporting? If you like your pint you will be most upset if the US pint is introduced rather than the UK one.
Sadly, a colleague of mine has just found an answer to this one and Iwill have to stop whinging on about it! Thanks folks.
http://www.unc.edu/~rowlett/units/large.html
gives:
"In recent years, American usage has eroded the European system, particularly in Britain and to a lesser extent in other countries. This is primarily due to American finance, because Americans insist that $1 000 000 000 be called a billion dollars. In 1974, the government of Prime Minister Harold Wilson announced that henceforth "billion" would mean 10^9 and not 10^12 in official British reports and statistics. "
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