Interest by day on £1,000 starting at 1%
Interest Per day
Percentage 1%
Amount 1,000
One percent of 1,000
1% of 1,000 is 10.00
Days
Interest for day is amount
One day
10.00 x1 day is 10.00
One week
10.00 x7 days is 70.00
One month
10.00 x28 days is 280
10.00 x30 days is 300
10.00 x31 days is 310
One year
10.00 x365 days is 3,650
10.00 x366 days is 3,660
