how much interest do you get a week on one million pounds?

Answer 1

Dunno yet, still saving.

Answer 2

you need an interest rate to know that. And when you find out your annual rate, divide it by 52 and times that number by 1 million. A bank rate in the U.S. is around 1.5% on a savings account. So .015/52 * 1,000,000 = $288.46. This would be an american example. I assume since you use pounds your in the u.k. and i don't know what type of interest rate you would get.

Answer 3

if you already have a million pounds why are you worried about how much interest you are earning in a week. If you do just ask your bank manager.If you dont have a million quid why would you want to know how much other people earn in interest.Lastly it would depend on what type of account it was held in. hope that helps

Answer 4

depends on how much interest the account the money was invested in was paying.

For example some accounts pay 0.1% and then others with High Interest Current Accounts pay up to 7%

Answer 5

depends on where you put it, the type of account, access ie. 3 monthly postal versus instant access.
or go through a specialist investment banks where you may get much more than the high street rate, but they might want it in their account for a year plus.

You would get alot of interst of your friends ;)

Answer 6

its around 30k per year but it varys with different banks and interest rates.

Answer 7

approx £800 a week......approx it depends on the interest rae post tax.

Answer 8

About 1K

Answer 9

lots of interest from GOLD DIGGERS

Answer 10

Not enough information to answer this.

Answer 11

ooh how i wish i knew!