If you take out a fixed term bond for 5 years and the interest rate is 5.3%? - fixed term bonds calculator
paid at maturity, mean that the first lump-sum payments for £ 5000 has provided, for example, added 5.3% after 5 years? In this case, £ 5,000 + 5.3% = £ 5265.00? O 5.3% on the first 5000 euros in the first year and second year will be another 5.3% on the original application, including interest and is the first year?
Wednesday, February 17, 2010
Fixed Term Bonds Calculator If You Take Out A Fixed Term Bond For 5 Years And The Interest Rate Is 5.3%?
5 comments:
Compound interest, but are paid only at the end of 5 years. 'End LL £ 6473.09
Depending on the loan. I would say that 5.3% of annual salary (5 * 5000 * 5.3%) + five years from 5000 not applied.
Of course, the annual interest would be reinvested each year at the connection. Read the words or ask the people who sold you the loan. Everything that you make about inflation thoughts!
Interest is paid monthly or annually. You must specify that you want, when out of debt.
You will receive interest on interest if you have credited to the account of subsidy.
Get your return in 5000, the period of five years
In general, bonds pay interest twice a year to 132.50 in this case, all 6 months
5.3% is the discount rate
If the bond defaults, you can not do anything. If not, you will receive a 5.3% per year.
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