on average £312.00 per day...!
I think about £600.00 per day
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)
That kind of depends on the rate of interest; that's the main reason why you read so much about interest rates in the paper. If you put your $82 million in a bank that pays 1%, it would earn $820,000 in the first year. If you put it in a bank that pays 6%, it would earn $4.92 million in the first year. If you let Bernie Madoff or Warren Buffet pick the investments for you, they might find you a product that pays 15% after fees. Put it there, and your $82 mil would earn $12.3 mil in the first year.
The amount of after-tax interest you would receive on £200,000 in a bank depends on the interest rate offered and your tax situation. For example, if the interest rate is 1% annually, you would earn £2,000 before tax. If you're a basic rate taxpayer, you would pay 20% tax on the interest, resulting in £1,600 after tax. However, if your total income, including interest, falls within your personal allowance, you may not pay any tax on it.
Interest is a certain amount of money added on top of what you already have. For example: If you had £1000 in your bank account, and the bank added 5% interest, you would gain £50 free from the bank for keeping that £1000 in your bank.
70000 pounds .
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.
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.
I think about £600.00 per day
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.
It would depend on the interest rare percentage received.
You didn't tell us what the interest rate at your bank is, so we can't determine that answer.
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)
Depends on the interest rate, how often interest is being compounded, and the length of time that the investment is left in the bank.
$1500 in a savings account at my bank in Canada @.15%
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.
well it depends on how long you keep that million dollars in the bank if you kept it in the bank for 3 days you would have one more dollar than you did