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Earn +20 ptsQ: How much is Fifty million dollars at daily interest rate?
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How much interest rate daily of fifty million dollars?
That depends on the interest rate; this has been varying widely in recent years. Multiply the capital (the 50 million dollars) by the yearly interest rate; divide the result by 365 to get the daily interest.
What is the daily interest on one billion dollars?
It depends on the interest rate at which the amount is invested.
How much interest daily 1 million dollar?
The answer will depend on the interest rate. Multiply the annual interest rate (in percentage terms), by 10000/365
If an account balance is being charged 1 percent interest per week is this the same thing as saying 52 percent per year. What is the equation for finding the true annual rate of interest?
No if the account earns interest daily, it's earning interest on interest essentially. So if you have $100 and you earn 1% interest, you would have $101 dollars the next day and earn 1.01 dollars in interest, and so on.
How much seven hundred thousand pounds british pounds?
A pound is worth about 1.6 US dollars - but rates vary daily. This would make it about 1.1 million dollars.
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