Many countries use "pound" as their major currency unit. Different forms of investment in different countries attract different interest rates. There is, therefore, not enough information provided to enable me to give a more useful answer.
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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.
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)
Approx 41096. The annual amount is usually divided into 12 equal monthly parts. Each of these can be converted to a daily rate by diving the monthly amount by the number of days in the months. On this basis, the minimum daily rate would be 40323 pounds whereas the maximum would be 43103 pounds in a leap tear and 44643 pounds in an ordinary year.