1 million how much interest?
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The first way where you can invest million dollars is through US Treasury bonds. The present rate for a 30 year US Treasury security is 3.08% so you would gain roughly $30,800 from the one million dollars every year.
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How To Invest 1000 Dollars. With as little as a $1000, you can start making your money work for you. While investing 1000 dollars may seem like a small sum, almost insignificant sum (7% return on $1000 is only $70 you might be saying to yourself), it's a great foundation to build on.
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The higher the interest rate, the more your £1,000,000 will earn you in a year: A 4% interest rate paid annually will earn you £40,742. A 6% interest rate paid annually will earn you £61,678.
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Ten thousand (100 dollar bills) required to make one million. Originally Answered: How many hundred dollar bills are in one hundred million dollars? There are 1,000,000 $100 Bills in $100,000,000 .
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A dime is 10 cents, there are 100 cents in a dollar, so by extension 10 dimes in a dollar. 1 million dimes is equal to $100,000.
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Since the number 1000000 is called 1m. When the view reach 1,000k, it becomes one million (1mn).
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When one says 12% interest, it means 12%/year. In general for short term loans people calculate interest monthly. SO basically they divide year interest rate in months which is 12/12 = 1. Now for 100 rupees interest of one month is 1 rupee, so Basically it is called 1 rupee.
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What is the interest rate? The higher the interest rate, the more your £1,000,000 will earn you in a year: A 4% interest rate paid annually will earn you £40,742. A 6% interest rate paid annually will earn you £61,678.
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US$ 1000 (1 Thousand US Dollar) = Rs 65000 (Rs 65 Thousand Approx.) US$ 1,000,000 (1 Million US Dollar) = Rs 65,000,000 (Rs 6 Crore 50 Lakhs Approx.) US$ 1,000,000,000 (1 Billion US Dollar) = Rs 65,000,000,000 (Rs 6 Thousand 500 Crores Approx.)
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A million pennies equal $10,000. There are 100 pennies, or cents, in each US dollar.
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US$ 1,000,000 (1 Million US Dollar) = Rs 65,000,000 (Rs 6 Crore 50 Lakhs Approx.) US$ 1,000,000,000 (1 Billion US Dollar) = Rs 65,000,000,000 (Rs 6 Thousand 500 Crores Approx.)
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The answer is: it takes $10,000,000.00 that's (10) million dollars to equal the same as 1,000,000,000 pennies that's (1 billion) pennies.
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Or, if your money is earning a 5 percent interest rate, you'll double it in 14.4 years (72 divided by 5 equals 14.4). If your money is earning a measly 1 percent interest rate, it will take you—yep, you guessed it—a whopping 72 years to double it. Remember: this is a “rule of thumb,” not an iron-clad law.
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Now that you've read the fable, you can see the choice is pretty clear: it's better to have a single penny that doubles everyday for a month, versus $1 million up front. This is because of the power of compound interest. If you took a single penny and doubled it everyday, by day 30, you would have $5,368,709.12.
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1K means 1 Thousand. 1M means 1 Million. (1000K) 1B means 1 Billion.
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A man had 16000 Rs., part of which he lent at 4% and the rest at 5% per annum simple interest. If the total interest received was 700 Rs. In one year, the money lent at 4% per annum was : [A]6000 Rs.
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1 million (or 1,000,000) is therefore equal to 0.1 crores (10 lakhs). 1,000,000 INR is equal to 14,420 USD @ 69 Indian rupees to 1 US dollar.