How much interest could i make by putting 2 million euros into a high interest account?

Question

How much interest could i make by putting 2 million euros into a high interest account?

Answer 1

A lot.

Answer 2

You'd have to specify what the interest rate is so that it can be calulated specifically. Otherwise you'll just end up getting answers like "a lot."

Answer 3

it depends on the interest rate, but you know, the higher the rate, the greater the risk, so its your call

Answer 4

alot

Answer 5

Depends on how long you agree to leave the money there for.  If you put money away for a minimum of one year, you can get fixed rate accounts which pay out about 7%  before tax, which would be 140, 000  euros.

Tax on this will normally be deducted automatically by the bank or other institution  before you get it, according to the rate the country involved applies.    

You should not get an offer of less than 5% AER on a sum like 2 000 000.  Shop around.