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 EPF DIVIDEND, EPF

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Aurora Boreali
post Feb 10 2018, 08:30 PM

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Joined: Aug 2006
QUOTE(orangutan @ Feb 10 2018, 03:49 PM)
No worries... as you said, we are all just trying to help one another.  cheers.gif

I managed to get a reply from EPF concerning the formula. Below is their reply,
Pengiraan dividen untuk bulan Januari 

Akaun 1
[(Baki pembuka Akaun 1 x Bil. hari dalam bulan) + (Caruman bulanan semasa x 1 hari)] x Kadar Dividen / 365 hari setahun

Akaun 2
[(Baki pembuka Akaun 2 x Bil. hari dalam bulan) + (Caruman bulanan x 1 hari)] x Kadar Dividen / 365 hari setahun

Pengiraan dividen untuk bulan Februari hingga Disember (berdasarkan bilangan hari setiap bulan)

Akaun 1
[((Baki pembuka Akaun 1 + Semua caruman bulanan sebelumnya) x Bil. Hari dalam bulan) + (Caruman bulanan semasa x 1 hari)] x Kadar Dividend / 365 hari setahun

Akaun 2
[((Baki pembuka Akaun 2 + Semua caruman bulanan sebelumnya) x Bil. Hari dalam bulan) + (Caruman bulanan semasa x 1 hari)] x Kadar Dividend / 365 hari setahun
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QUOTE(quicksilver9832 @ Feb 10 2018, 07:18 PM)
The  dividend says 6.9% can see - but acc 1 doesn't has 6.9 try chking acc 2 also not 6.9

Take the total times again also not 6.9
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See post above for the calculation la. 6.9% is annual rate, you think the deposit you put in December can be multiplied by 6.9% right away meh? Even FD also you don't get to multiply your amount by the annual interest rate and get the full 3% every month

 

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