20,000,000 at 4% interest per year would make 800,000 before tax.
Chat with our AI personalities
Simple interest would be 360
Simple interest would be 1040
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
Gross interest = 200000000*4/100 = 8000000. What you will make will depend on what the taxman takes away first!
That would be 20,000,000