# How much interest does 10000 earn in a year? – Swing Trading Stocks Strategies

If I bought a small amount of interest income last year, can it pay for the entire year?

A couple of years ago I sold a few thousand to pay off the loan on my car. At the time I was saving at an excellent rate (0%) but decided to do the math and figured out something I could have done years earlier.

What’s the interest ratio in a year?

The interest rate on a loan is calculated by dividing the principal by the interest earned. A small amount with no interest earned over 2.0% would have been \$6,000. But, if you bought a little less than a third of a car in 2009 (\$6,000 + \$200 for the interest), you sold it for \$6,000+\$500 for the interest.

After my little experiment, I can say that I could have had a little more by buying the car in 2009 and selling it in 2013. What the math say is that my small loan to purchase a car would have cost me \$4,500 (after taking out another \$150 for the interest) . That’s a pretty good return on investment (ROI), and is a good place to use that 2% figure.

Now I’m thinking a whole lot if someone wants to buy a 3,000 mile car for example. How much would the interest go to for the car in a year?

Interest Calculator \$1,000 \$2,000 \$3,000 \$4,000 \$5,000 \$6,000 \$7,000 \$8,000 \$10,000 \$11,000 \$20,000 \$30,000 \$40,000 \$50,000 \$60,000 \$70,000 \$80,000 \$90,000 \$100,000 \$110,000 \$120,000 \$130,000 \$140,000 \$150,000 \$160,000 \$170,000 \$180,000 \$190,000 \$200,000 \$220,000 \$240,000 \$260,000 \$280,000 \$300,000 \$320,000 \$340,000 \$360,000 \$390,000 \$420,000 \$430,000 \$440,000 \$460,000 \$480,000 \$520,000 \$560,000 \$580,000 \$600,000 \$620,000 \$640,000 \$650,000 \$660,000 \$680,000 \$680,000 \$690,000 \$700,

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How much interest does 10000 earn in a year? – Swing Trading Stocks Strategies
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