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The interest rate for a 2-month CD is typically lower than longer-term CDs, but it can vary depending on the bank and current market conditions.

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6mo ago

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What are the CD rates at Chase Bank?

The rate of the CD depends on how many months that you have it for. For a 9 month CD, it is about 0.5%. For a 13 month CD, it is about 1.01%. A 2 year one is 1.25%.


How much interest does a 100 million dollars earn a month?

The amount of interest earned on $100 million in a month depends on the interest rate applied. For example, if the annual interest rate is 2%, the monthly interest would be approximately $166,667. Conversely, at a 5% annual rate, it would be about $416,667 per month. The specific interest earned will vary based on the rate and the type of account or investment.


How much interest would you earn a month from 125 million pounds?

The interest earned in a month from £125 million depends on the interest rate. For example, if the annual interest rate is 2%, you would earn approximately £250,000 in a month (calculated as £125 million x 0.02 / 12). If the rate is higher or lower, the monthly interest would adjust accordingly. Always check the specific interest rate to calculate the exact amount.


How much interest dose 700000.00 earn a month?

The interest earned on $700,000.00 in a month depends on the interest rate and the type of account or investment. For example, at a 2% annual interest rate, the monthly interest would be approximately $1,166.67. However, if the rate is higher or lower, the amount will vary accordingly. Always check the specific interest rate for the investment or account in question to calculate accurately.


How much interest would you make a month on 133 million pounds?

The amount of interest earned in a month on £133 million depends on the interest rate. For example, if the annual interest rate is 2%, the monthly interest would be approximately £221,667. However, with a higher rate, such as 5%, the monthly interest would be around £554,167. Always check with a financial institution for precise calculations based on current rates.

Related Questions

What is the current interest rate on a 3 month CD with PNC bank?

The interest rate for the 3 month CD varies. It is usually somewhere between 1.5-2%.


What are some common CD rates from Bank of America?

Bank of America currently has a promotional CD rate of .2%. This CD has a 12 month term. They also have a risk free 9 month CD at .14%. Finally, they have an 18 month CD with a rate of .15%.


What are the CD rates at Chase Bank?

The rate of the CD depends on how many months that you have it for. For a 9 month CD, it is about 0.5%. For a 13 month CD, it is about 1.01%. A 2 year one is 1.25%.


What is the highest CD rate for Wachovia in Green Valley?

First, I have assumed that you mean Green Valley Arizona. For that Wachovia CD's vary by the amount of time you sign up for and/or the amount you invest. The highest rate that is advertised is their 28 Month CD which has a 1.98% interest rate with an Annual Percentage Yeild (APY) of 2%. To get this rate the applicant must have a Wachovia Checking account and the minimum deposit for the CD is $5000.00


After 2 years Deion earned 270 in simple interest from a CD into which he initially deposited 6000. What is the annual interest rate of the CD?

2.25 percent apex


Current CD rate for 6 month and/or 12 month CD?

Six month CDs average from 1% - 1.5%. One year CDs range between 1.3% to 2%.


How much interest does a 100 million dollars earn a month?

The amount of interest earned on $100 million in a month depends on the interest rate applied. For example, if the annual interest rate is 2%, the monthly interest would be approximately $166,667. Conversely, at a 5% annual rate, it would be about $416,667 per month. The specific interest earned will vary based on the rate and the type of account or investment.


How much interest dose 700000.00 earn a month?

The interest earned on $700,000.00 in a month depends on the interest rate and the type of account or investment. For example, at a 2% annual interest rate, the monthly interest would be approximately $1,166.67. However, if the rate is higher or lower, the amount will vary accordingly. Always check the specific interest rate for the investment or account in question to calculate accurately.


How much interest would you make a month on 133 million pounds?

The amount of interest earned in a month on £133 million depends on the interest rate. For example, if the annual interest rate is 2%, the monthly interest would be approximately £221,667. However, with a higher rate, such as 5%, the monthly interest would be around £554,167. Always check with a financial institution for precise calculations based on current rates.


Can you refinance with a two month delay?

If you mean you have 2 30 day lates yes you can but your interest rate will be higher.


Where can you find the bank that is offering the best rates on cds in Cleveland Ohio?

Check around the various banks in Cleveland, Ohio. By calling them, they will be able to give you their current cd rates. First Federal Bank has the best cd rates. Their 6-month rate is .2%, and their 24-month rate at .8%.


How much is interest on one million dollars?

as of today, the interest rate in the United States( with the currency 1 million dollars) is 0.25% Therefore, after one month, the one million dollar will have an interest of: $2500 ((1000000/100)*0.25)