If I.......?!
Question: 1st 1 with the right answer gets 10 points!
If I deposited ￡100 in a building society and they paid 0.5% interest every month, how much would I have in the account at the end of 2 years?
Answers: 1st 1 with the right answer gets 10 points!
If I deposited ￡100 in a building society and they paid 0.5% interest every month, how much would I have in the account at the end of 2 years?
100 x 0.5% = 0.5
0.5 x 24 = 12
12 is the interest
plus ur deposit 100 = 112
2,000
2,000? hmmn not very gd @ maths :(
Your better off with an ISA, they pay 6% a month.
a bit more than ￡100 but not much ?
hey ashley i like the sound of your bank lol
No idea, maths was not my strong point, but enjoy spending it.
￡112
112 if not compounding
i have no interest
that takes too long to work out and ten points just isn't worth it, you would earn 50p interest the first month and 50.25p the second month but thats as far as im going
￡112
112.oo
i think its ￡120 xx