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    mikeh116's Avatar
    mikeh116 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 1, 2007, 01:04 PM
    How much Interest?
    How Much Interest Will $500,000.00 Earn In 1 Year?
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Mar 1, 2007, 01:32 PM
    Really depends on where and how you invest it.
    I'll give you a 50% return in 1 year ;)
    bobock's Avatar
    bobock Posts: 1, Reputation: 1
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    #3

    Mar 1, 2007, 02:00 PM
    That depends on the interest rate at which you invest, the term of the investment (the length of time you invest the money), whether the interest is compounded and the period (daily, weekly, etc.) of compounding, if there are periodic withdrawals or addition of principal, whether the year is measured on 360 or 365 days, etc. There are lots of complicating factors.

    In a simple case like yours seems to be, if you invest $500,000 at 6% for one year simple interest, let us say, you'll earn $30,000. Compounding will increase the amount you earn.
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