QUOTE(Actchan @ Aug 28 2014, 10:13 AM)
hi bro , I'm still confused on the calculation of LAD claim , Mahsing didn't provide any letter to declare about this , so mind sharing ? 10% devide by 365days ? Thx .
based on my understanding on SPA, here is the calculation
$LAD = (($Purchase * 10%) / $TotalDaysOfYear) * (DayDiff($VPDate - $ExpectedVPDate))
Assumption:
Expected VP Date: 1st May 2014
VP Date: 14th Aug 2014
Purchase Price: RM 500,000
Total Days of Year = 365 Days)
$LAD = ((RM 500,000 * 10%) / 365 Days) * (14-Aug - 1-May)
$LAD = (RM 50,000 / 365) * (105 Days)
$LAD = RM 136.99 * 105
$LAD = RM 14,383.95
It should be around that amount +-.
This post has been edited by jason_chee: Aug 28 2014, 10:59 AM