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How much money in interest would a hundred dollars build in a year?
Wiki User
∙ 8y ago
It depends on the interest rate. If it was a 10% rate, it would generate $10.00
Wiki User
∙ 8y ago
Wiki User
∙ 8y agoIt depends on the interest rate the investment pays.
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How much money is ten hundred thousand dollars?
Ten times a hundred thousand dollars makes a million dollars 10x100,000 = 1,000,000
Is a hundred million dollars a lot of money?
$100,000,000.00 is a lot of money.
How much is 42 hundred dollars in English money?
21 hundred pounds
What is the APR on money market funds and CDs?
The APR or Annual Percentage Rate of a bank CD is how much you actually get at the end of the year, due to compound interest. To keep it simple, let's say you buy a hundred dollar CD and the percentage rate you are promised is ten percent. You expect to get your hundred dollars plus an extra ten dollars at the end of the year. Due to the magic of compound interest, you get more. Suppose the bank compounds the interest every week. (Many banks compound daily!) The first week you get a week's worth of interest on your hundred dollars. The second week you get a week's worth of interest on your hundred plus interest on the previous week's interest. The third week you get interest on your hundred and on the first week's interest and on the second week's interest. And on and on. So the only number you care about is not the Interest Rate, but the Annual Percentage Rate, because that is what you will actually receive at the end of the year. If the Percentage Rate is 4.21% and the APR is 4.30% you will get $4.30 interest on each $100 in your bank CD. None of this applies to Money Market Funds. Their percentage rates can change from day to day.
How much money is the dsixl?
seven hundred dollars
How much money is G?
Hundred million dollars
How much money is a hundred dollars in American money worth in the Philippines?
2.19539thats what i got...
How much money is one googol pennies?
one hundred untrigintillion dollars
Six million five hundred thousand dollars equals to how much money in Indian currency?
six millio five hundred thosand dollars
How much money is 199.00?
One hundred and ninety nine dollars.
How much money is g-unit worth?
Hundred million dollars
How much money does Eric Clapton have?
one hundred million dollars
