Question

 How do I calculate interest earnings?

Answer Multiply the deposit amount by the interest rate by the time in years. Time in years may be a fraction; for example if an investor deposits money on Sept. 1, the time in years equals four out of 12... Read More »
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Top Q&A For: How do I calculate interest earnings

What tax return do you file for interest earnings?

Interest income is reported on line 8a of your Form 1040 tax return. If you receive more than $1,500 in interest, you will also need to file Schedule B. If your interest earnings are under $1,500... Read More »
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How do I calculate net earnings?

Employee DeductionsSubtract your statutory/involuntary deductions from your gross pay. These are deductions your employer is legally required to make, such as payroll taxes, wage garnishments and c... Read More »
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How do I calculate earnings on a CD?

CD ReturnAdd one to the interest rate per compounding period. For example, an investor has a $1,000 CD that earns 5 percent interest. The CD compounds monthly and matures in two years. Start by div... Read More »
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How to Calculate Earnings for APY?

Annual percentage yield, or APY, is the amount an investment makes over the course of a year while factoring in compounding. Compounding takes the interest made in one month and adds it to the prin... Read More »
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