From: "GPG" 
Newsgroups: uk.finance
Subject: Re: Final year transfer to unused TESSA acct?
Date: Sun, 25 Jan 2004 14:07:05 -0000
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"Steve"  wrote in message
news:jtv4109l2vi3nqq31aa2lokoh733bpb3pb@4ax.com...
> Hi
>
> I opened a TESSA account in 1999 before they were disconitinued and
> subsequently forgot about it.
>
> The maturity date is 2nd April 04
> AER is 3.30%
> I could still invest £1800 in it in the final year.
> Although it's probably not worth the effort, I'm curious about how
> much interest I might gain if I invested that amount at this stage.
>
> Please can someone explain how to calculate this..
>
> Many thanks in advance
> Steve
>
>
Am I missing something here?  I thought that only £600 could be invested in
the final year.  (£3000 + 3*£1800 + £600 = £9000).

-- 
GPG