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please help i am not good at working out intrest.

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paulwellerfan
paulwellerfan Posts: 1,190 Forumite
Car Insurance Carver!
edited 23 January 2012 at 8:12PM in How much have you saved?
Can any one please work how much intrest i will get in total
i started saving in april last year.
its the first direct saving account which is 8% i think
however its all that compound intrest type of thing i cant work out These are the amounts i have put in so far
in april 2011=250
may= 250
june=400
july 300
august 300
sept 300
oct 300
nov300
dec 300
jan 300
i am planning on saving 300 till it finishes in april 2012
many thanks
credit card bill. £0.00
overdraft £0.00
Help from the state £0.00

Comments

  • any one got any answers?? please
    credit card bill. £0.00
    overdraft £0.00
    Help from the state £0.00
  • 8%?

    Do you want to check that out first, before anyone calculates anything for you...
    If you haven't got it - please don't flaunt it. TIA.
  • paulwellerfan
    paulwellerfan Posts: 1,190 Forumite
    Car Insurance Carver!
    edited 24 January 2012 at 8:54AM
    At 8.00% AER/gross fixed for 12 months, it's not your regular savings account
    taken from their site.
    many thanks

    oohh
    i have just found the answer to my own question also on their site , its 156.00 gross.
    but thanks sam for taking an intrest.
    credit card bill. £0.00
    overdraft £0.00
    Help from the state £0.00
  • Alot of people will find an answer themselves...if they do a little research ;)
    If you haven't got it - please don't flaunt it. TIA.
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