The phrase "amount of interest earned" is correct and usable in written English.
It can be used in financial contexts when discussing the total interest that has been generated from an investment or savings account.
Example: "After one year, the amount of interest earned on my savings account was significantly higher than I expected."
Alternatives: "total interest accrued" or "interest generated".
The amount of interest earned.
In this contract, the insurer makes a charge each month for general expenses and mortality costs and credits the amount of interest earned to the policyholder.
For example, tax is paid on (or deductions are allowed for) the full amount of interest earned (or paid), even though inflation is eroding the principal.
Banks began paying interest on some checking accounts in 1980, but this offered little benefit to law firm clients because the costs of opening and closing the short-term accounts, which exist for a few days or weeks, would exceed the amount of interest earned in almost every case.
The cost of carrying out part of a project includes the amount of interest earned and payable on bonds issued by the State or local governmental authority to the extent proceeds of the bonds are expended in carrying out the part.
Interest foregone is calculated by subtracting the amount of interest earned from a current account from the amount of interest that could be earned had the consumer put his or her money in an account which earns higher interest, or put some of that money in savings.
If you add the amount of carried interest earned by general partners, there is about $200 billion annually in carried interest income, of which about $100 billion is taxed at low rates.
It would consist not of the amount of interest actually earned by the principal, but rather of the amount that would have been earned had the State not provided for the clerk of court to generate the interest in the first place.
At the same time, the Court approves the view of the Ninth Circuit dissenters that just compensation is the amount of interest actually earned in petitioners IOLTA accounts, minus the amount that would have been lost in transaction costs had petitioners sought to keep the money for themselves.
A Bankrate poll in April found that only 17 percent of respondents were more likely to invest in the stock market, even with the small amount of interest they earn on bank deposits.
Of that total, £3,052 represented interest earned on significant savings, estimated by experts to amount to £300,000, in an unnamed high street bank.
