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If i invest my £60.000 isa,s for 5yrs @ 4.5% ,what will my return be

by shirley43, 4 months ago•Closed Question

Personal Finance•Money•Savings Accounts

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Answers (5)

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Hi,

?74,770.92 assuming no more money is paid in and none is taken out with interest paid annually and compounded.

by G-Man, 4 months ago

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G-Man has done the maths, now I'd like to know where you get the deal....

by Feline123, 4 months ago

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Hmm, good point - Halifax are now the top payers at 4.4% for a 5 year fix.

by G-Man, 4 months ago

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Governor Bank of Ireland 5 year fixed rate cash ISA offers 4.5%, guys and gals, if that's any help.

by fruitcake, 4 months ago

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Ah, but Governor only accepts up to ?50,000 and it closes to new applications on the 29th just to warn you! I guess the money could be split between Bank of Ireland (Governor) and Halifax...

by G-Man, 4 months ago

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Not for me, G-Man, I would never fix for anything like that length of time!

by fruitcake, 4 months ago

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Me neither. Interest rates have to start going up some time!

Then again, I was thinking that 3 years ago...

by G-Man, 4 months ago

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So was I, come to think of it... :-(

by fruitcake, 4 months ago

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