Interest slashed on Marcus and Saga top easy-access accounts
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1.35% minus 1.30% is indeed a reduction of 0.05%. However 0.05 divided by 1.35 is 3.70%.ColdIron said:Slashed? It's a reduction of five one hundredths of one percent. That's a fiver per £10,000 per year or two coffees
Are MSE headline posts being written by ex-Daily Wail writers?
Pendant alert....RG2015 said:1.35% minus 1.30% is indeed a reduction of 0.05%. However 0.05 divided by 1.35 is 3.70%.
Hence this reduction is simultaneously a reduction of 0.05% and 3.70%
RG2015 said:1.35% minus 1.30% is indeed a reduction of 0.05%. However 0.05 divided by 1.35 is 3.70%.ColdIron said:Slashed? It's a reduction of five one hundredths of one percent. That's a fiver per £10,000 per year or two coffees
Hence this reduction is simultaneously a reduction of 0.05% and 3.70%
Pendant alert....
Unfortunately no, tis either.... the 1.35% rate has been reduced by 0.05 or it has been reduced by 3.7%
(((sorry, couldn't stop myself)))
I was going to comment but thought I'd hang on ...Consumerist said:Pendant alert....
Unfortunately no, tis either.... the 1.35% rate has been reduced by 0.05 or it has been reduced by 3.7%
(((sorry, couldn't stop myself)))Shouldn't that have been "PEDANT alert..." ?