Interest Rate Help Please

cupotee | 10:08 Sun 24th Mar 2013 | Personal Finance

5 Answers

11.753 @ 4.5%.....

Thankyou.

Isa

Answers

1 to 5 of 5

Best Answer

No best answer has yet been selected by cupotee. Once a best answer has been selected, it will be shown here.

0.528885

Do you mean £11753?

Divide by 100 to work out 1%.
Then multiply by 4.5 to find 4.5%

Maydup

£528.88

I did it as you wrote it, at 11.753 (i.e. 11 point 753) - if you meant 11,753 my answer would be the same as maydup's.

Question Author

Thank you all.

Maydup has simplified it for my "simple" mind.

Always a speedy answer on here.....thanks again.

1 to 5 of 5

Do you know the answer?