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interest rates

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xanti | 20:17 Wed 11th May 2005 | Business & Finance
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if i invested 200 thousand pounds into a bank what could i expect in interest each month.
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According to what bank and type of investment you go for, you can several ranges of interest. Generally at the moment annual interest is about 5%. On �200,000 that would give you �10,000 a year = �833.33/month
you have to pay tax on that money. It would be more like �400 or so.

A few nice Blondes????..............

 

Sorry a little humour

Why not post this in the Money & Finance section?

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