answersLogoWhite

0

What else can I help you with?

Continue Learning about Finance

How do you calculate how much interest rate should be given for 6 month saving deposit?

I calculate the interest rate should be given for 4 month saving deposit


How much interest will a deposit of rs 1lacs fetch in 1months in sb?

The interest earned on a deposit of ₹1 lakh in a savings bank account for one month depends on the bank's interest rate, which typically ranges from 3% to 4% annually. For example, if the interest rate is 3.5% per annum, the interest for one month would be approximately ₹291.67 (calculated as ₹1,00,000 x 3.5% / 12). However, this can vary based on the specific bank and its terms.


How much the interest is earned in 1 months on a deposit of 1 million won?

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


How much interest does money gain in a bank?

Lets say you deposit 1 million dollars in a bank. lets see how much interest the money will gain in a bank 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


How much interest will you receive on 25000 at 4.5 in one month?

To calculate how much interest one will earn on a $25,000 deposit, at the rate of 4.5% per year would to first multiply the $25,000 by 4.5%. The amount of $1125.00 would be the yearly gain. To determine how much one would earn a month, you would divide the $1125 by 12, giving you $93.75 per month.

Related Questions

How much interest will a deposit of rs 1 lakh fetch in 1 month in sbi?

1lakh willget


How much interest you ii get for 5 lakh in 2 months in fix deposit?

The answer will depend on the rate on interest!


How do you calculate how much interest rate should be given for 6 month saving deposit?

I calculate the interest rate should be given for 4 month saving deposit


How much interest will a deposit of rs 1lacs fetch in 1months in sb?

The interest earned on a deposit of ₹1 lakh in a savings bank account for one month depends on the bank's interest rate, which typically ranges from 3% to 4% annually. For example, if the interest rate is 3.5% per annum, the interest for one month would be approximately ₹291.67 (calculated as ₹1,00,000 x 3.5% / 12). However, this can vary based on the specific bank and its terms.


How much does a veterinary doctor earn in haryana?

2 lakh per month


How much the interest is earned in 1 months on a deposit of 1 million won?

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


Where could a person find the interest rates for certificates of deposit?

A person could the interest rates for certificates of deposit by using an interest rate calculator where the amount of the deposit is entered into an equation and the end result will be how much interest will be earned for the term you want.


How much interest does money gain in a bank?

Lets say you deposit 1 million dollars in a bank. lets see how much interest the money will gain in a bank 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


How much interest will you receive on 25000 at 4.5 in one month?

To calculate how much interest one will earn on a $25,000 deposit, at the rate of 4.5% per year would to first multiply the $25,000 by 4.5%. The amount of $1125.00 would be the yearly gain. To determine how much one would earn a month, you would divide the $1125 by 12, giving you $93.75 per month.


How much interest would 7 million pounds make a week month?

It would entirely depend on the type of deposit you make. For a regular CD or Fixed deposit interest rate is around 4% and taking 4% into account you will get 5384 pounds per week. You can calculate this using: Interest per year = p * n * r / 100 P - amount you deposit N - number of years R - rate of interest Interest per week = interest per year / 52


How much do an AME earn?

More than 3 lakh per month...it depends on authorization of AME


Jo wants to put some money in a 15th month certificate of deposit accounts that pay 5 percent annual interest He wants the account to earn 200 in interest. How much money should he put in the account?

Amount to Deposit (P) = ? Time (N) = 15 months or 1.25 years Rate of Interest (R) = 5 Interest Earned = 200 Formula for Interest = P * N * R / 100 Rearranging the formula we get: P = Interest * 100 / N * R = (200 * 100) / 1.25 * 5 = 20000 / 6.25 = 3200 If they want to earn 200 interest they must deposit 3200 as the amount for the certificate of deposit.