Question:

If i have 6,500 in an ISA paying 6.30%AER , how much will i have after 5 years???

by  |  earlier

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oh and how do i work it out? ths so much.

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  1. You will gain $2047.50 in 5 years, which works out to be $409.5 per year.

    Hope this has helped you =)

    By the way, heres the method for working it out..

    $6500 / 100 = $65

    $65X6.3=$409.5

    $409.5X5=$2047.50

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