Aug 13 2013, 11:29 AM
QUOTE(cybpsych @ Aug 13 2013, 10:54 AM)
got a question about the interest calculation for Maybank2u Savers.
if i put in 5K, how does calculation/formula works? how much "additional" would i see at the end of the month?
since it's 2.1% pa = 2.1% of 5K = 105 (assuming no movement to the 5K)
monthly, i would see additional 105/12 = 8.75?
Its per annual bro... U need to divide 2.1% / 12 = per month %if i put in 5K, how does calculation/formula works? how much "additional" would i see at the end of the month?
since it's 2.1% pa = 2.1% of 5K = 105 (assuming no movement to the 5K)
monthly, i would see additional 105/12 = 8.75?
This post has been edited by mcfeemo: Aug 13 2013, 11:33 AM
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