Fixed rate net for 12 months.

[Cobra]

Would someone be able to calculate the net interest on a 12 month fixed rate @ 3.5% on savings of €31300

 

[sunrock]

31300x3.5 divided by 100=1095.5gross
1095.5x.75for dirt tax of .25% =821.625e net
Of course the dirt tax % could change,as interest is calculated on the last day.

 

[Cobra]

Thanks for the calculation, the tax works out to be a good bit. Thanks again. Regards Cobra.