W WANDE14 Registered User Messages 41 15 Jul 2009 #1 Hey, Just wondering if anyone has any idea how much interest even at minimum 140k would get from 3 years maturing this year.......... Waiting on some inheritance and its been sitting in an account ( dont know where) D4B
Hey, Just wondering if anyone has any idea how much interest even at minimum 140k would get from 3 years maturing this year.......... Waiting on some inheritance and its been sitting in an account ( dont know where) D4B
M maturin Registered User Messages 56 16 Jul 2009 #2 you can calculate the value easily *if* you know the interest rate. For example, at a rate of 3%, your initial 140k would be worth 140000 * 1.03 *1.03 * 1.03 = 152,982. I guess there would be DIRT to take into consideration also.
you can calculate the value easily *if* you know the interest rate. For example, at a rate of 3%, your initial 140k would be worth 140000 * 1.03 *1.03 * 1.03 = 152,982. I guess there would be DIRT to take into consideration also.
L Lightning Registered User Messages 5,509 16 Jul 2009 #3 D4B said: Hey, Just wondering if anyone has any idea how much interest even at minimum 140k would get from 3 years maturing this year.......... Waiting on some inheritance and its been sitting in an account ( dont know where) D4B Click to expand... Step 1: Find out what bank the money is in.
D4B said: Hey, Just wondering if anyone has any idea how much interest even at minimum 140k would get from 3 years maturing this year.......... Waiting on some inheritance and its been sitting in an account ( dont know where) D4B Click to expand... Step 1: Find out what bank the money is in.
W WANDE14 Registered User Messages 41 16 Jul 2009 #4 Thanks I was jst going out on a limb wondering what the min would even be. I dont know what bank the money is in. Thanks anyway!
Thanks I was jst going out on a limb wondering what the min would even be. I dont know what bank the money is in. Thanks anyway!
G Guest116 Guest 16 Jul 2009 #5 The minimum interest might be 0. If it is in a current account then it probably is earning 0% interest.
The minimum interest might be 0. If it is in a current account then it probably is earning 0% interest.
W WANDE14 Registered User Messages 41 24 Jul 2009 #6 The minimum interest might be 0. If it is in a current account then it probably is earning 0% interest. Click to expand... Yes you were right, it was sitting in a current account and not gaining any intererst Thanks
The minimum interest might be 0. If it is in a current account then it probably is earning 0% interest. Click to expand... Yes you were right, it was sitting in a current account and not gaining any intererst Thanks