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Q: How much interest will you earn in a year on 1000000 at 5 percent per year?

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You will earn 1000000*4/100 = 40000.

20,000

You would earn 1750.

21.28

Two and a half percent of 750 ie 2.5 x 7.5 which is 18.75

Related questions

You will earn 1000000*4/100 = 40000.

20,000

Depends on the rate. A 5% annual rate will give 50,000 for example.

2000000

60,000

You would earn 1750.

300.00

In simple interest, 50,000 would earn 1,500 in one year.

$2500

40

21.28

21.28

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