Different bank would have different rates, so there is no single answer. Also, the rates change from time to time. So if you had that much money you would check different banks and see what they would give as an interest rate.
The interest earned on $200 million in a year depends on the interest rate applied to the principal amount. For instance, if the interest rate is 1%, you would earn $2 million in interest over the year. At a rate of 5%, the interest would amount to $10 million. To calculate the exact interest, multiply the principal by the interest rate (expressed as a decimal).
The interest you would earn on £90 million depends on the interest rate offered by the bank. For example, if the bank offers an interest rate of 1% per year, you would earn £900,000 annually. At a rate of 2%, your annual interest would be £1.8 million. Always check with the bank for the most accurate rates and terms.
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)
The amount of interest you would earn on £3.5 million depends on the interest rate offered by the bank. For example, at a 1% annual interest rate, you would earn £35,000 in a year. If the rate were higher, say 2%, you would earn £70,000 annually. Always consider that interest rates can vary based on the type of account and prevailing economic conditions.
It depends on how you deposit the money 1 million. Checking accounts usually pay very little or 0 interest so we won't be taking that as an option. a. Savings Account - Savings account usually earn around 1% interest per year. So it will be: 833.33 dollars in 1 month b. Certificate of Deposit - CD's usually earn around 4% interest per year. So it will be: 3333.33 dollars in 1 month
The amount of interest on $100 million in one year depends on the interest rate. For example, at a 1% interest rate, the interest would be $1 million, while at a 5% rate, it would amount to $5 million. If you have a specific interest rate in mind, I can calculate the exact amount for you.
Interest on $20 millions depends on the percentage. If the interest rate is 5 percent, the return for the year $1 million.
The interest earned on three hundred million dollars in a year depends on the interest rate applied. For example, at a 1% annual interest rate, it would generate $3 million, while at a 5% rate, it would yield $15 million. To calculate the exact amount, multiply the principal ($300 million) by the interest rate (expressed as a decimal).
The interest earned on $200 million in a year depends on the interest rate applied to the principal amount. For instance, if the interest rate is 1%, you would earn $2 million in interest over the year. At a rate of 5%, the interest would amount to $10 million. To calculate the exact interest, multiply the principal by the interest rate (expressed as a decimal).
The interest you would earn on £90 million depends on the interest rate offered by the bank. For example, if the bank offers an interest rate of 1% per year, you would earn £900,000 annually. At a rate of 2%, your annual interest would be £1.8 million. Always check with the bank for the most accurate rates and terms.
Deposit $8 million at 1% interest.
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)
pro drivers can make 10 million while regular drivers make 1 million
They make 5-10 million a year
1 million pounds, go buy a bentley
1 million/year
on average £312.00 per day...!