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Q: How much interest would you receive on 50 thousand pounds?
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How many years would it take for 55000 pounds to receive 39600 pounds simple interest at a rate of twelve percent pa?

Each year you would receive 0.12 x 55,000 = 6,600 pounds simple interest. With no compounding 39,600 / 6,600 = 6 years


How many thousand pounds make a million pounds?

There are 1,000 pounds in a thousand pounds, so to find out how many thousand pounds make a million pounds, you would divide 1,000,000 by 1,000. Therefore, there are 1,000 thousand pounds in a million pounds.


How much interest would someone get from 8 million pounds?

That will depend on the interest rate, and for what period of time. At an interest rate of 3% for a period of one year, the amount would be 240,000 pounds. A lower interest rate would be less, a higher rate would be more.


If you pay with a 20 pounds note how much change would you receive from 7.79 pounds?

You would receive £12.21 in change (£20 - £7.79).


How much interest would you receive for 2000.00 at .5 percent interest for 1 year?

2010.00


How much interest would 2.5 million pounds make in the bank?

70000 pounds .


How much interest would you get a week with 4 million pounds?

It depends on the interest rate. But say you have a 1% a year interest rate and you don't spend or add any money to it then you would get about 769 pounds a week.


How would you write one million five hundred thousand pounds in numbers?

1,500,000 pounds in numbers


How much would a customer have to spend to receive 10 pounds cash back?

How much does a customer have to spend to receive ten pounds cash back


How long would it take to spend 60 billion dollars if you spent a million dollars a day?

Assuming the balance of the money earned no interest, it would take 60 thousand days = more than 164 years.Assuming the balance of the money earned no interest, it would take 60 thousand days = more than 164 years.Assuming the balance of the money earned no interest, it would take 60 thousand days = more than 164 years.Assuming the balance of the money earned no interest, it would take 60 thousand days = more than 164 years.


What would the daily interest be on 36 million pounds when the banks interest rate is 3.15 percent AER?

310,685


How would you change 2 tons to pounds?

Each standard or "short" ton is equal to two thousand pounds so two tons would weigh four thousand pounds. In addition to the classification of "short ton", there are also "long tons" and "metric tons".