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 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)
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
It will take 25 years to make a million dollars!
It depends on the interest rate. But say you have a 1% a year interest rate and you don't spend or add any money to it then you would get about 769 pounds a week.
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).
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...!
1 million dollars / per year
1 percent of 250 million is 2.5 million .The accumulation per year depends on whether it's simple, annual interest,or whether it's compounded at some interval during the year.You also need to know whether it's going to be compounded after the first year,because if it is, then you head into the second year owing 252.5 million, not 250.
1 million I think.