It's 1/10th of the amount you put in. The more you deposit or invest, the more interest you get.
Hey bro if you invest 1000 dollars in my Company I can get you somewhere between 8500 to 10000 dollars back within 12 hours.
You would have approximately 200 thousand dollars or more.Assuming, the money is compounded every year, the amount at the end of 40 years would be $220,975.12/-
That depends on how often it's compounded. If it's once a year, 2.27 percent of 150000 is 3405.
$3,000/4 = $750 per year = 8% of 'x'.0.08x = 750x = 750/0.08 = $9,375.00
Your aunt is planning to invest in a bank CD that will pay 8.00 percent interest semi-annually. If she has $13,000 to invest, how much will she have at the end of four years?
You will have $11576.25
The amount of interest J.P. will earn is a function of the amount he invests.