Interest On 10 Million Dollars

Interest is money paid regularly at a particular rate for the use of money lent. In other words, interest is money paid to you for allowing others to use your money. How Much Interest Will I Earn On 1 Million Dollars? With what interest really is in mind, the question now is how much interest will I earn on 1 million dollars?

It could be from $.50 – $1.50% per year. Depends on the bank and there could be fees, etc. You would just have to research a bit. You would be better off looking at a CD or investment account. If you had a 1.5% annual percentage rate on $10 million that would equate to $150,000 per year in interest. That is about $12,500 per month.

All of the answers below miss the point. What OP is asking is: "How much money do I need to have in the "bank" to be able to withdraw $10,000 a month for the rest of my life? Basically the OP believes that $100,000 a year is what it would take to.

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This calculator will compute the payment amount for a commercial property, giving payment amounts for P & I, Interest-Only and Balloon repayment methods — along with a monthly amortization schedule.. These loans range anywhere from $250,000 to over 10 million dollars.

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Best Answer: I could live off 1 million for 50 years..guaranteed. Not in a 2 million dollar house though. I would be happy with a tent situated on a very size-able parcel of land in a warm environment. But to actually answer your question, "I" could retire with 10 million dollars and live for 50 years.

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The dollar amount of bonds to be refinanced will depend on what happens to interest rates during September, but the city estimates that it could save $9.2 million in interest based. the creation of.

Use the compound interest calculator to determine how much money you would accumulate by investing a given amount of money at a fixed annual rate of return for a specified period in years. For example, if you invested $1,000 at a 5 percent annual rate of return, after 10 years you would have $1,628.89.