I am looking for good rates per month.
2007-09-03 08:56:45 · 5 answers · asked by gtyuool 2 in Business & Finance ➔ Investing
At the current CD rate you could expect approximately 6% a year, of course you could not touch the interest for awhile and there is that terrible capital gains tax. If the interest is not compounded then perhaps $3840 a year after tax or $320 a month.
2007-09-03 09:17:49 · answer #1 · answered by dragonbot 2 · 0⤊ 0⤋
On $80,000 you can expect to earn 5.25% from a bank, so thats about $350 a month (before capital gains taxes)
2007-09-03 09:05:11 · answer #2 · answered by Anonymous · 0⤊ 0⤋
In a savings account, checking account, or certificate of deposit?
CD is about 5.5%, Savings is about 1.5%, Checking is less than 1%. Varies from bank to bank.
2007-09-03 09:51:44 · answer #3 · answered by jdkilp 7 · 0⤊ 0⤋
It depends on the financial institution and the means in which you deposit into.
2007-09-03 09:08:06 · answer #4 · answered by cireengineering 6 · 0⤊ 0⤋
depends on how much interest they give you.
2007-09-03 10:36:01 · answer #5 · answered by Anonymous · 0⤊ 2⤋