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This would definitely depend on the bank, the investment plan and how long you intend to leave it in the bank. For example, if you invest it in a safety account at the bank, and agree not to touch the capital - i.e. just have the interest paid out, say, every 3 months - you could possibly get as high as 5% apr. that's 250,000 per year.
Of course, you could get higher interest in a high risk investment plan, or lower interest in a government guaranteed retirement fund.
However, in my dream of winning the lottery, I am fairly conservative and prefer to invest it with an annual option of retaining my investment - so it is not tied up for 10 years if I want to buy a house. This type of investment usually bring about 5% in Europe.
What else can I help you with?
How much interest would 2.5 million pounds make in the bank?
70000 pounds .
How much interest would you make if you had 90 million pounds in the bank?
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.
How much interest would you earn a month from 80 million pounds?
It depends on what type of bank account you put it in and with which interest rate but it would be well over £50,000 a day.
How much interest would you make if you had 3.5 million pounds in the bank?
The amount of interest you would earn on £3.5 million depends on the interest rate offered by the bank. For example, at a 1% annual interest rate, you would earn £35,000 in a year. If the rate were higher, say 2%, you would earn £70,000 annually. Always consider that interest rates can vary based on the type of account and prevailing economic conditions.
How much interest does 54 million Canadian have in the bank?
It would depend on the interest rare percentage received.
How much interest would 2.5 million pounds make in the bank?
70000 pounds .
How much interest would you make if you had 90 million pounds in the bank?
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.
How much interest would you make if you had 1 million pounds in the bank?
on average £312.00 per day...!
How much interest would you earn a month from 80 million pounds?
It depends on what type of bank account you put it in and with which interest rate but it would be well over £50,000 a day.
How much interest would you make ia day f you had 6 million pounds in the bank?
I think about £600.00 per day
How much interest would you make if you had 3.5 million pounds in the bank?
The amount of interest you would earn on £3.5 million depends on the interest rate offered by the bank. For example, at a 1% annual interest rate, you would earn £35,000 in a year. If the rate were higher, say 2%, you would earn £70,000 annually. Always consider that interest rates can vary based on the type of account and prevailing economic conditions.
How much interest does 54 million Canadian have in the bank?
It would depend on the interest rare percentage received.
How much would you make in interest if you have 200 million in the bank for a years time?
You didn't tell us what the interest rate at your bank is, so we can't determine that answer.
How much interest would you make with 5 Million US dollars in the bank?
Depends on the interest rate, how often interest is being compounded, and the length of time that the investment is left in the bank.
How much interest on 157 million pounds?
At the current bank of england interest rate 0.5%, £157 million pounds would pay interest of £785,000 per year, or £65,416.68 per month.However if you are a UK tax payer, and if you have £157 million pounds earning you interest you most certainly will be. You will have to pay tax on that interest.It breaks down to (for the average person)£65,416.68 Gross Income (interest paid to you)£28,279.01 Tax (you have to pay this)£1,576.20 National Insurance (you have to pay this)Leaving you with a total of£35,561.48 Per Month (This is the amount of money you get to keep and spend)
How much interest would receive a week on a million dollars in a bank?
$1500 in a savings account at my bank in Canada @.15%
How much intrest would you earn a month from 13 million pounds?
The interest earned on £13 million depends on the interest rate offered by the bank or financial institution. For example, if the interest rate is 1% annually, you would earn approximately £10,833 per month. If the rate is higher, say 3%, the monthly interest would increase to about £32,500. Always check current rates to calculate more accurately.
