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It depends on where you deposit. Usually Fixed Deposits or CD's carry an interest of around 3-4%. So at 4% interest you should get nearly 360 million dollars every year. Also this interest rate varies from bank to bank.
Interest per year = p * n * r / 100
P - amount you deposit
N - number of years
R - rate of interest
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Is a million million dollars worth a Billion dollars?
No. A million is 1/1000th a billion. So it takes 1000 millions to make a billion. 1 million = 1,000,000 (6 zeros) 1 billion/milliard = 1,000,000,000 (9 zeros) 1 trillion is 1,000,000,000,000 (12 zeros)
What are the benefits of low interest rate credit cards?
Having a low interest credit card is preferable because it costs you less to use it. For example, if you have a 9% interest rate and you charged $100 on your card, than you would also have to pay $9 interest on that $100 dollar purchase. If you have a 29% interest rate on a $100 purchase than you will have to pay $29 dollars on that $100 purchase.
What is the future value on an ordinary annuity of 12000 dollars per year for three years at 9 percent interest compounded annually?
39,337.20
How many zeroes does a billion have?
9
How much is 9 dollars in pounds?
9 U.S. dollars = 5.77663671 British pounds
How many zeros in 78 billion dollars?
There are 9 of them in: 78,000,000,000 dollars
How many 10 dollar bills in 90 billion dollars?
9 billion
How much interest do you get from a bank each month if you have 150000 dollars in it at 9 percent interest?
9% of 150000 dollars = 150000*9/100 = 13500 dollars 13500 dollars per year = 13500/12 = 1125 dollars per month.
Jennifer invested 3300 in a savings account with a yearly interest rate of 6 for 9 years How much simple interest did she earn?
$2275.28
What is worth 100 billion dollars in the world?
Nothing, but the most expensive thing I heard ofis actually a video game in Hollywood which is 9 billion dollars plus tax.
How do you write 1 billion Australian dollars?
You can write 1 billion Australian dollars like this 1,000,000,000 AUD. You can also save 1 x 10^9 A$ or AU$.
What is 500 percent of 9 billion?
500% of 9 Billion would be: 9 Billion (100% of 9 Billion) + 9 Billion (200% of 9 Billion) + 9 Billion (300% of 9 Billion) + 9 Billion (400% of 9 Billion) + 9 Billion (500% of 9 Billion) = 45 Billion.
How many dollars in 1 billion cents?
1 cent = 0.01$ = 10^-2 $ 1 billion cents = 10^9 cents 10^9 x 10^-2 = 10^7 =10 million dollars
What is the simple interest on 3 500 at 9 ½ percent for 1 ½ years?
You have failed to tell us to what period of time the 9½% interest is applied - is it Yearly, Monthly, Daily (if only - I can but dream). I will guess that it is 9½% APR simple interest. With Simple Interest, the interest is gained only on the capital and not any interest reinvested. → 1 year's interest is 9½% of 3500 = 9.5/100 × 3500 = 332.50 → 1½ years interest = 1½ × 1 year's interest = 1.5 × 332.50 = 498.75
How much would it cost to buy all Yugioh cards?
i think about 9 billion dollars
How many days would it take to get 1 quintillion dollars if you earn 1 billion a day?
1 quintillion dollars =$1qn =$ 1e+18$1bn = $ 1e+9$1qn/$1bn= 1e+9 = 1 billion days = 1e+9/365.25 = 2,737,850.8 years!It will take one billion days or two and a half million years!
Is a million million dollars worth a Billion dollars?
No. A million is 1/1000th a billion. So it takes 1000 millions to make a billion. 1 million = 1,000,000 (6 zeros) 1 billion/milliard = 1,000,000,000 (9 zeros) 1 trillion is 1,000,000,000,000 (12 zeros)
