I need to do some calculation..
Does the money kept in account, or FD, or ASB?
I prefer loan to the max, cause the money can be use for better things...in sense of business capital...
Should We Buy Car With Cash?
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 Jul 25 2015, 10:57 PM
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Jul 26 2015, 02:40 AM
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QUOTE(sootienann @ Jul 25 2015, 11:04 PM) FD pays 4%. car loan interest is 2.5%. whch is better ? its a very simple calculation, dont even need business sense. right...this is true... QUOTE(supersound @ Jul 26 2015, 02:07 AM) A loan that with y% of interest, the effective interest are 2X of y% im not sure about 'effective interest'... but base on my calculation... both FD and auto loan is 2.5% almost have the same ending... keep in FD, got extra RM1,200 and you got ready capital for usage... |
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