I want to know if i give 1000$ to a bank for 6 month how much money give me the bank each month

Question

I want to know if i give 1000$ to a bank for 6 month how much money give me the bank each month

Answer 1

1000 X .02 = $20     CDs pay a bit more.  Check a few banks in your area.  

Answer 2

Now where near enough.  What I would like to know how much does the bank make on your one thou.

Answer 3

wow...please tell me you are not a product of the American education system....

Answer 4

It would depend on the type of account and the interest paid.  Right now, in the US, savings accounts pay .75 to 1.00 percent interest a year, so your 1000 for six months would earn you maybe $10.  CDs are paying about 4-5 percent, so for 6 months, you might earn $20-25