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So if you have 1 million GBP in the bank and the intest rate is 4% you will earn Â£40k. The tax man will come along and take 20% from that leaving you with. Â£32K. Which is still a nice amount but dont forget that is not spending any of the 1 million for a whole year.
In order to find out how much two euros is in US dollars, divide 1 (one, as in one dollar) by 0.825835 to calculate how many US dollars one euro is worth in France: $1.21. 1  1.00 United States dollars = 0.825835 euros.