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How much does 1 billion dollars receive on 2 interest rate Quarterly?
Wiki User
∙ 12y ago
5 million dollars
How to arrive at this answer:
$1,000,000,000 (1 Billion) x .02 (2 percent interest) = $20,000,000 (20 million) per year
$20,000,000 per year / 4 (Quarterly) = $5,000,000 (5 million)
Wiki User
∙ 12y ago
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You didn't receive or I haven't received?
I did not receive interest for the year for my annuity.
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