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Double Checking Here

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Connemmara | 16:03 Sat 11th May 2013 | ChatterBank
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What is 4 and half percent on £20,000 - thanks - I make it £1,800 is that correct or wrong
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Avatar Image ubasses
over 2 years it is
16:04 Sat 11th May 2013
Avatar Image factor-fiction
!% is 200
4.5% is 900
16:04 Sat 11th May 2013
Avatar Image Psybbo
£900
16:05 Sat 11th May 2013
Avatar Image Stephen_G
£900
16:05 Sat 11th May 2013
Avatar Image Connemmara
Question Author
thanks all -
16:06 Sat 11th May 2013
Avatar Image aelmpvw
over 2 years? must of missed that bit
16:07 Sat 11th May 2013
Avatar Image sebhfhion
no 4.5% of 20,000 is 900
16:07 Sat 11th May 2013
Avatar Image New Judge
Don't know where the two years came in either but if you invest £20,000 at 4.5% over two years the interest is usually added annually. This would make the total interest £1,840.50.
17:26 Sat 11th May 2013

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