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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 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 82 million dollars draw per year?

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.


How much after tax would you get in intetest if you had 2hundred thousand pounds in bank?

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.


What is interest earned?

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.

Related Questions

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 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 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 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 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.


How much interest would you make if i had 1 million dollars?

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