Asked anonymously

If I wanted to earn an $50 in interest, what interest rate would I have to receive if I only had 230 dollars?

Report Question Report

  Leave Answer

Sign in to MoneyTips
By submitting you agree to our Terms of Service

  Answers  |  1

January 21, 2015

That would require more than 20% interest in a year. For how long would you able to invest the money?

$commenter.renderDisplayableName() | 09.23.20 @ 06:08