Quote:
Originally Posted by punky
Its not (1000 * 9), its (1000 * 0.09). 9 percent means 9 per hundred or 9/100 = 0.09
So its (1000 * 0.09) / 365 = £2.4 per day in interest.
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ah.. that's where I was going wrong.. thanks..!
---------- Post added at 22:30 ---------- Previous post was at 22:29 ----------
Quote:
Originally Posted by punky
Its not (1000 * 9), its (1000 * 0.09). 9 percent means 9 per hundred or 9/100 = 0.09
So its (1000 * 0.09) / 365 = £2.4 per day in interest.
|
is it? or is it 24p a day?