Confused about interest earned....

Stompa

Apreciar wrote: »

Thirty days have September April June and November, all the rest have thirty one except......to be expected June would have had previous months compounded.

Errr, that's obvious surely.....

Essenchill

Stompa wrote: »

Errr, that's obvious surely.....

Yes, particularly as that was my whole point to start with....

YorkshireBoy

Essenchill, looking forward to hearing their explanation. Are you going to ring them? You said on Thursday you were going to.

Essenchill

Embarrassingly all my own fault and through creating my own thread on here and getting you all to be so helpful and scratching your heads as much as I had been, I scrutinised everything even more and realised that I withdrew money in April to move to an ISA which in the end, explains it all very simply.

Apologies for creating a thread over nothing but my own mistake! I didn't end up ringing them in the end thankfully YorkshireBoy

Oblivion

Essenchill wrote: »

Embarrassingly all my own fault and through creating my own thread on here and getting you all to be so helpful and scratching your heads as much as I had been, I scrutinised everything even more and realised that I withdrew money in April to move to an ISA which in the end, explains it all very simply.

DOH! :rotfl: :rotfl:

Essenchill

Indeed :whistle:

Lokolo

Essenchill wrote: »

Indeed :whistle:

At least its all sorted though eh!

Oblivion

Essenchill wrote: »

Indeed :whistle:

All good for a chuckle. It takes a brave man or woman to admit their mistake.

Dave.

Essenchill

Yes, it's great it's all sorted and I do feel very grateful for all the responses on here trying to help me out but am thoroughly embarrassed nonetheless...!

YorkshireBoy

I'm still a little confused.

If you withdrew in April, it still doesn't explain why June's interest is so much less than May's does it?...unless you mean interest that was PAID on the first of each month and not that resulting from the month itself (which was paid on the first of the following month)?