15 months FD for SCB works out to be 5.31%
Fixed Deposit Rates in Malaysia V7, Please Read Post# 1 & 2
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 Sep 17 2014, 04:36 PM
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#1
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7,496 posts Joined: Feb 2007  
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Sep 17 2014, 05:43 PM
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#2
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QUOTE(aeiou228 @ Sep 17 2014, 04:44 PM) At the glance, it's highly unlikely. Mind share how you turn 4.25% to 5.31% ? since it is 4.25 p.a so the remaining 3 months 4.25 divide by 12 x 3 equals 1.0626, add them all up is 5.31% |
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Sep 17 2014, 11:55 PM
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#3
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QUOTE(bbgoat @ Sep 17 2014, 08:15 PM) Aiya, tricky lah you ! ok guys actually CS also confirmed it is 5.31% for 15 months The RM5.31 is NOT over 1 year but over 15 mths. So the interest is correct for 15 mths but not 12 mths. He he  So interest is still 4.25% pa.  This post has been edited by DarReNz: Sep 17 2014, 11:58 PM |
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