That depends on the rate of interest to be applied.
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)
Assuming an interest rate of x% (per year), you will earn 1,000,000 times x/100 / 12
1 percent of 250 million is 2.5 million .The accumulation per year depends on whether it's simple, annual interest,or whether it's compounded at some interval during the year.You also need to know whether it's going to be compounded after the first year,because if it is, then you head into the second year owing 252.5 million, not 250.
You need to be very clear to distinguish between earn and make. People is some jobs can make 1 million pounds in a year or less but that does not mean they earn it!
"The 2011 gross earnings of Marks and Spencer, based in the United Kingdom, were 612.0 million Pounds Sterling, up from 526.3 million Pounds Sterling in 2010."
That depends on the rate of interest to be applied.
867000+/-
About £104,000 a year on a 5% interest rate (£2,000 per week).
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.
It depends on the interest rate. But say you have a 1% a year interest rate and you don't spend or add any money to it then you would get about 769 pounds a week.
1 million pounds, go buy a bentley
You can,t a million dollars interest from a million dollars but you can get half a million dollars
Interest on $20 millions depends on the percentage. If the interest rate is 5 percent, the return for the year $1 million.
Based on you getting about 2.4% interest, which would be low on that figure, you would get about £2,400,000 per year net approx
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)
Hershey produces about 1 million pounds of chocolate a day. So about 365 million pounds of chocolate a year.