The amount of interest earned on $100,000,000 in one year depends on the interest rate. For example, at an annual interest rate of 1%, the interest would be $1,000,000. If the rate were 5%, the interest would increase to $5,000,000. Therefore, the specific interest earned varies based on the interest rate applied.
At six percent, you would make about $6000.
Depends on the interest rate, how often interest is being compounded, and the length of time that the investment is left in the bank.
This would depend on how much interest you are making on your investment. The questions is incomplete because there are so many variables that would change the answer.
You can make a million dollars but it will probably be very challenging. You would need to begin your own business or invest in order to make that kind of money.
The amount of interest earned on $1,000,000 in a year depends on the interest rate and the type of account. For example, at a 1% annual interest rate, you would earn $10,000 in interest. If the rate were 5%, you would earn $50,000. Always consider whether the interest is simple or compounded, as this will also affect the total interest earned.
At six percent, you would make about $6000.
At current interest rates 3 billion dollars would earn about 30 million dollars a year before taxes.
Depends on the interest rate, how often interest is being compounded, and the length of time that the investment is left in the bank.
If the interest rate is 5%, multiply 8,000,000 by 0.05. You would get $400,000 in interest.
well it depends on how long you keep that million dollars in the bank if you kept it in the bank for 3 days you would have one more dollar than you did
700
Oh, what a happy little question! To make $100,000,000 with nickels, you would need 2 billion nickels. Just imagine all the beautiful paintings you could create while counting them out! Remember, there are no mistakes, just happy little accidents.
It would take 1000 days to spend a million dollars at the rate of 1000 dollars per day. (1000 times 1000 is 1000000.) This answer excludes interest accrual, which would make the million dollars last a few days longer.
Have 36.5 million dollars and invest it at 2% interest.
100000000
100000000
Deposit $8 million at 1% interest.