I am opening an account which is 2.3% interest. If I have 10,000$ which the interest is calculated daily, will I recieve the 230$ interest per month, or 230/12 months
The interest rate and the amount of interest received each month will depend on the investment agreement.
It will vary depending on the interest rate you have.
I calculate the interest rate should be given for 4 month saving deposit
50000000 a month
£50million
50million
50million
50million
I am opening an account which is 2.3% interest. If I have 10,000$ which the interest is calculated daily, will I recieve the 230$ interest per month, or 230/12 months
$40 million-$50million
The interest rate and the amount of interest received each month will depend on the investment agreement.
More then £50million
It will vary depending on the interest rate you have.
The answer depends on the rate of interest for sums of money of that magnitude.
40% of $50million = 0.40 x $50million = $20million
Yes, this is like a mortgage loan calculator and it shows you interest rates and everything like that. It shows how much you want, how much it will cost per month, and how much interest per month it will be.