maths is not my strong point

wooders

Can someone please calculate how much I will have by April 2009 please

Isa of £3600 as of today (15th may)
Isa transfer of £3026 probably be with the same bank early next week

I'm with A&L thats running at 6% .

I'm not sure how/if the cumulative interest works/applies in my case

hope you can help

W:D

Hungerdunger

I'm not a brilliant mathematician either so please correct me if I'm wrong, but I calculate that by the end of the tax year (5th April) the £3,600 will generate £192.33 of interest (325 days), and the £3,026 will generate £158.67 (319 days) (Assuming the transfer goes through mid week).

This will give you total savings of £6977.

wooders

thanks geezer