At the current bank of england interest rate 0.5%, £157 million pounds would pay interest of £785,000 per year, or £65,416.68 per month.However if you are a UK tax payer, and if you have £157 million pounds earning you interest you most certainly will be. You will have to pay tax on that interest.It breaks down to (for the average person)£65,416.68 Gross Income (interest paid to you)£28,279.01 Tax (you have to pay this)£1,576.20 National Insurance (you have to pay this)Leaving you with a total of£35,561.48 Per Month (This is the amount of money you get to keep and spend)
That depends on the rate of interest to be applied.
Depends on the interest rate.
It depends on the interest rate being offered by the financial institution of your choice as well as the period under consideration.
on average £312.00 per day...!
The amount of interest you would earn on 122 million pounds will usually vary between 1 and 5 percent. The actual amount varies greatly based on the type of investment and their returns.
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.
At the current bank of england interest rate 0.5%, £157 million pounds would pay interest of £785,000 per year, or £65,416.68 per month.However if you are a UK tax payer, and if you have £157 million pounds earning you interest you most certainly will be. You will have to pay tax on that interest.It breaks down to (for the average person)£65,416.68 Gross Income (interest paid to you)£28,279.01 Tax (you have to pay this)£1,576.20 National Insurance (you have to pay this)Leaving you with a total of£35,561.48 Per Month (This is the amount of money you get to keep and spend)
That depends on the rate of interest to be applied.
Depends on the interest rate.
70000 pounds .
At 4% interest around 85k per week
310,685
867000+/-
300,000 a day
£3,900.22 per day
50000000 a month