Anyone good at maths?

[Santa]

[Barbarossa]

i haven't got that sort of money i just wanted to know thats why i asked you lot if you knew the answer as maths is not one of my strongest points.

http://www.math.com/students/calcula...e/compound.htm

Now leave me alone!

[DanB]

it would have helped if you had mentioned what account it was at NatWest and what the current interest rate was

[DarthInsinuate]

http://www.google.co.uk/search?&q=natwest
http://www.google.co.uk/search?hl=en...G=Search&meta=

i should paid for advertising Google really

[Skiz]

I would like to know if i put 1 billion pounds into my natwest account how much interest would i make from this per month thanks for yor help.

Your statement makes absolutley no sense. If the interest rate is 14%, then you will make 14% interest, period. I think what you really want to know is how much money would you make at X% interest? Correct? Let's just go with that 14%. If you have 1,000,000,000 (that's one billion since you're not a numbers guy) and you want to figure out how much money a 14% percent interest rate would profit you, use this formula:

1,000,000,000 x .14 = ________

Just remember that the interest rate is typically set over a certain amount of time.

[DarthInsinuate]

[GepperRankins]

I would like to know if i put 1 billion pounds into my natwest account how much interest would i make from this per month thanks for yor help.

Your statement makes absolutley no sense. If the interest rate is 14%, then you will make 14% interest, period. I think what you really want to know is how much money would you make at X% interest? Correct? Let's just go with that 14%. If you have 1,000,000,000 (that's one billion since you're not a numbers guy) and you want to figure out how much money a 14% percent interest rate would profit you, use this formula:

1,000,000,000 x .14 = ________

Just remember that the interest rate is typically set over a certain amount of time.

if it's 0.14% per annum, how can it be 0.14% per month?

[Virtualbody1234]

Your statement makes absolutley no sense. If the interest rate is 14%, then you will make 14% interest, period. I think what you really want to know is how much money would you make at X% interest? Correct? Let's just go with that 14%. If you have 1,000,000,000 (that's one billion since you're not a numbers guy) and you want to figure out how much money a 14% percent interest rate would profit you, use this formula:

1,000,000,000 x .14 = ________

Just remember that the interest rate is typically set over a certain amount of time.

if it's 0.14% per annum, how can it be 0.14% per month?

It's 14% not 0.14%

[GepperRankins]

d'oh.

is 0.14 a month really 14 a year?

[Virtualbody1234]

d'oh.

is 0.14 a month really 14 a year?

No.