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sleepyj | 23:39 Thu 29th Mar 2007 | Business & Finance
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how do you work out interest on money if it is in a bank .do you times it by interest rate think it is not to sure ? thanks yes i am thick b4 you say it :(
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Mine`s never in there long enough to make any interest
depends on the interest the bank is offering
i keep mine under the mattress
fook the tax man lmao
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good idea i think just bad luck if your house burns down . hope you dont wet the bed or you will have wet money :(
who was asking if you knew anyone famous?
well,Ken Dodd lives over the road lol
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zigzag you on the drink again lol
twas a metaphor sleepyj
safe as houses lol
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lol maybe i am thick lol
some of my retirement funds

http://www.gelos.ru/english/img/gallery3.jpg

lol
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lol did you tell the tax man you went to a car boot sale and brought a load of junk lol
basically yes. If you have �100 at 4% interest, that'll be �4. Interest rates are annual, so that's �4 a year, incidentally. But the next year it'll be 4% of �104.
Not all interest rates are annual, depends what type of account we are talking about.

Also, if it is a savings account, you will pay tax on the interest (unless it's an ISA or you have completed an R85 form).
If zigzag dries his wet "bed" money in the tumble drier is that considered money laundering?

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