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It depends on how you are paid. Daily, weekly, monthly, quarterly etc.
Annual: 176.23 Semiannually : 179.08 Quarterly: 180.61 Monthly: 181.67 Daily: 182.19 (assuming 365.25 days per year, on average).
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
Interest payments can calculated annually, quarterly, monthly, daily or even continuously. To enable consumers to compare rates quoted over different periods, many authorities require financial institutions to calculate the total compound interest over a year. That is the AER.