Ask the bank how much yearly interest they give you, then multiply that by the 12 billion and divide by 100. Interest = capital x (interest rate / 100).
You can earn a lost of interest on a billion dollars. The amount of interest you will earn will depend upon your rate of interest and how long you leave it in the bank.
Your money will accrue interest after leaving it in the bank for 12 months.
23,250,000,000 (23.25 billion)
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.
If the question is about WRITING 12 billion, the answer is 12 000 000 000
You can earn a lost of interest on a billion dollars. The amount of interest you will earn will depend upon your rate of interest and how long you leave it in the bank.
a bank account requiring no additional interest after 12 months
you will get $0.10 a seconds if you have 1 Billion dollars in the bank which is $360 a hour $8,640 a day and 3,153,300 a year
Bank savings interest rates in the UK are pretty much the same as they are in the US. Different banks offer different interest rates, ranging from 4% to 12%.
If your dad's bank balance is a billion USD or more then you definitely can... Otherwise definitely no :-)
PNC Bank compiles interest on a checking account yearly. Your statement likely contains potential earned interest every month. It will be compiled every 12 months.
Lower interest on bank What_was_one_thing_the_farmers_alliance_worked_for- Novanet sucks!
Your money will accrue interest after leaving it in the bank for 12 months.
interest charged to bank accounts
As private bank, decided the interest was the management... As government bank, the reserve bank of india...
It depends on where you deposit. Usually Fixed Deposits or CD's carry an interest of around 3-4%. So at 4% interest you should get nearly 360 million dollars every year. Also this interest rate varies from bank to bank. Interest per year = p * n * r / 100 P - amount you deposit N - number of years R - rate of interest
The bank pays it to you. The interest reflects the return on the capital you have loaned to the bank.