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Investments

Discuss investments with other users on our Investment forum. For more advice read our tips for saving for your child's future.

How much after 10 years

3 replies

Goodmum1234 · 25/08/2020 15:01

I think I’ve worked it out. But could do with your input please.
If I invest £25,000 in a ten year fixed rate for 1.5% how much will I have in my bank at the end of 10 years? Thank yiu

OP posts:
W00t · 25/08/2020 15:21

If it's a fixed rate product, £25,375... hardly seems worth it.
If it's an account with compound interest, then 29,013.50
Huge difference.

rmh · 01/09/2020 11:36

You have a good time frame to invest, have you thought about other investments options such as pensions ( potential tax relief) or a stocks and shares ISA? These could be options depending on your personal situation.

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