Calculating Interest

edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
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ACIDACID Forumite
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edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
sorry for the silly question
but have to ask

if a normal cash isa is offering 3% for the year

how much interest would I gain if:


a) I deposited the full £5340 at the beginning of the current tax year


and

b) in monthly increments of £445, totaling £5340 at the end of the year.

Thanks if you can answer.

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