5000 pounds GBP, left untouched in a standard bank account will give you between 45 - 58 pounds interest. Put it in a nationwide account and you'll get the best rate.
867000+/-
300,000 a day
50000000 a month
With Interest @6% it would earn you £200,000 a month weekly £50,000 a week.
2.36 quid
if i earn £5000 a year what percentage of tax should i pay
5000 x 0.06 = 300 300 x 10 = 3000
10795
867000+/-
300,000 a day
50000000 a month
With Interest @6% it would earn you £200,000 a month weekly £50,000 a week.
2.36 quid
on average ... £4056 a day
A lot
5000 x 1.03 ^ (11/12) = your total interested earned
If the annual equivalent interest rate is 1%, then the six monthly compound rate is approx 0.4988%. At that rate you will earn 24.94