rate of 4.50% AER (4.42% gross variable) including bonuses
what would €15.000 work out it over the year???
also what is AER and gross variable and do that work..
one more thing can AER or gross variable go up r down over the year.... i know am very Stupid but i can never works these thing out ... so if anyone can help >>>>>>>>>> THANKS
2007-08-09 09:33:25 · 3 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
AER = Annual Equivalent Rate .. this means that (if everything stays the same) you can take 4.5% of 15,000 as the 'answer' ..
'Gross Variable' means that the rate is after (standard rate) Tax has been paid (gross) and that the rate can be changed (variable).
NB. You are NOT 'stupid' .. this is what 'Financial Advisers' want you to think so they can take your money away from you in 'fees' and 'comissions' ..
To stop yourself being fleeced, you need to learn how to manage your own finances .. if necessarey, take evening classes
2007-08-11 22:44:13 · answer #1 · answered by Steve B 7 · 2⤊ 0⤋
4.5% is €675 of €15000 = €15675
2007-08-09 09:36:46 · answer #2 · answered by meridimus 2 · 0⤊ 0⤋
i back what Steve has said so no problem Storm
2007-08-14 20:58:26 · answer #3 · answered by srracvuee 7 · 0⤊ 0⤋