Dec 13 2012, 04:47 PM
QUOTE(magika @ Dec 13 2012, 09:53 AM)
Just calculating for pasting the time.
FD Deposit (Own PRS Management)
# Age 35
# Deposit RM3k for 10 years @ 3.15% pa compounding.
# Payout at age 55 for 15 years.
Total possible payout using own PRS Management is = RM5578.00 yearly for 15 years.
At current optimum interest rate available at 4.60% .
FD Deposit (Own PRS Management)
# Age 35
# Deposit RM3k for 10 years @ 4.60% pa compounding.
# Payout at age 55 for 15 years.
Total possible payout using own PRS Management is = RM7374.00 yearly for 15 years.
How do you calculate the percentage? Where do you get 3.15 and 4.60? Sorry if I am at the wrong channel.FD Deposit (Own PRS Management)
# Age 35
# Deposit RM3k for 10 years @ 3.15% pa compounding.
# Payout at age 55 for 15 years.
Total possible payout using own PRS Management is = RM5578.00 yearly for 15 years.
At current optimum interest rate available at 4.60% .
FD Deposit (Own PRS Management)
# Age 35
# Deposit RM3k for 10 years @ 4.60% pa compounding.
# Payout at age 55 for 15 years.
Total possible payout using own PRS Management is = RM7374.00 yearly for 15 years.
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