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silver_V179GNA

Member

Registered: 1st Jun 04
Location: Darlington
User status: Offline

21st Jan 07 at 18:29

hey guys

didnt know wether to put it in here or not but anyway! does anyone know how to work out the gross percentage? that you would get put onto your savings

thanks

Ian

Site Administrator

Registered: 28th Aug 99
Location: Liverpool
User status: Offline

22nd Jan 07 at 00:02

Depends who with, how much you are investing etc. There are generally many choices to make for example how long you don't want the money for, how much risk you want etc.

silver_V179GNA

Member

Registered: 1st Jun 04
Location: Darlington
User status: Offline

23rd Jan 07 at 21:13

well what im looking at is the mini cash isa from natwest 5% AER and 4.8% gross... just really wanted to know how much interest is added to the amount i put in

e.g i put in £100 how much interest is added each month? how do you work it out

thanks

richardworrall

Premium Member

Registered: 20th Sep 05
Location: Derby
User status: Offline

23rd Jan 07 at 22:57

if my brains working right here its £100 plus 4.8% = £104.80 a the end of the year, so split that extra £4.80 and divide it by 12 months which is 40p per month

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