silver_V179GNA
Member
Registered: 1st Jun 04
Location: Darlington
User status: Offline
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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
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
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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.
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silver_V179GNA
Member
Registered: 1st Jun 04
Location: Darlington
User status: Offline
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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
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richardworrall
Premium Member
Registered: 20th Sep 05
Location: Derby
User status: Offline
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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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