Depends on how you invested it and what rate of return that investment delivered.
Simple interest: 100/6 ie 16.67%
3 months
3
The interest earned on £6 billion depends on the interest rate and the type of account or investment. For example, if you have a savings account with an interest rate of 1% per year, you would earn £60 million in interest annually. Alternatively, if invested in a higher-yield asset with a 5% return, you would earn £300 million per year. The specific interest earned can vary significantly based on these factors.
The amount of interest you can earn on $800,000 depends on the interest rate, the type of investment, and the duration. For example, if you invest in a savings account with an annual interest rate of 1%, you would earn $8,000 in interest over one year. In contrast, investing in stocks or bonds could yield higher returns, but they also come with greater risk. Always consider your investment goals and risk tolerance when assessing potential earnings.
A certificate of deposit (CD) would be the best investment to earn interest when you want a guaranteed return and are willing to lock in your money for a specific period of time, typically ranging from a few months to several years.
Interest earned in a bank account is not an investment. It is considered an income. The money that you have in the bank account that earned the interest for you is considered the investment
Simple interest: 100/6 ie 16.67%
The amount of interest you would earn on 122 million pounds will usually vary between 1 and 5 percent. The actual amount varies greatly based on the type of investment and their returns.
3 months
3
75 x 7 x 2 = 1050
You would earn 1750.
fixed annuity
Savings accounts earn interest.
Fixed deposit interest rates is a guaranteed interest rate for the entire term of an investment. They allow for the customer to earn high interest rates.
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