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Usually Time deposits earn an interest of around 2-4% per annum

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Q: How much is the interest in Dollar Time deposit?
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Related questions

How much will a dollar deposit be worth after 48 years if the interest rate paid by the bank is 6 percent?

>about $15 <


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.


Is fixed deposit and recurring deposit rate of interest is same?

No. In most cases the rate of interest offered on fixed deposits and recurring deposits is different. Usually the rate of interest on a fixed deposit is much higher than a recurring deposit because you will be depositing the entire amount in one shot and leave it with the bank for the duration whereas in a recurring deposit you'll pay only the part of the money at a time. So the difference.


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 money do I need to deposit for a secured visa credit card and what are the interest rates like for them?

The lowest amount you should deposit in a secured visa credit for you get interest is $ 500.00. Expect to get 5 % interest back into your account.


One dollar in a safe deposit box in 1980 is worth how much now?

between 60 cents and one dollar


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.


Which is better recurring deposit or fixed deposit?

Actually both of them have their own benefits and drawbacks. In terms of rate of interest an fixed deposit will give you more interest than a recurring deposit. In terms of ease of operation and opening a recurring deposit is easier because it will need much less contribution and on a regular basis whereas you need to deposit in lumpsum in case of a FD.


How much money is ten percent interest?

It's 1/10th of the amount you put in. The more you deposit or invest, the more interest you get.


How much interest would you get on 50000 at 6 percent each year fixed deposit?

Interest per year = p * n * r / 100 P - amount you deposit N - number of years R - rate of interest You will get 3000 every year for a fixed deposit of 50000 @ 6% per year


How much is a 50 dollar savings bond worth from 1995?

$50.00 ... plus whatever the interest rate of the bond was at the time of issue.