just want to add... bonus will only give the profit in 20 years basis. for example if you invest RM10000 without withdraw, after 20 years u only got the real "value" of bonus

eg : (consider flat bonus 1.5% per annum and 7.5% dividen per annum)

Initial investment = RM10000

1st year
= 10000 + (10000 x7.5%) + (10000 x 1.5% x 1/20)
= 10000 + 750 + 7.5
= 10757.50

2nd year
= 10757.50 + (10757.50 x 7.5%) + (10000 x 1.5% x 2/20) + ( (750+7.5) x 1.5% x 1/20 )
= 10757.50 + 806.81 + 15.56
= 11579.87

3rd year
= 11579.87 + (11579.87 x 7.5%) + (10000 x 1.5% x 3/20) + ( (750+7.5) x 1.5% x 2/20 ) + ( (806.81 + 15 + 0.56) x 1.5% x 1/20 )
= 11579.87 + 868.49 + 30.61
= 12478.97

3rd year
= 12478.97 + (12478.97 x 7.5%) + (10000 x 1.5% x 4/20) + ( (750+7.5) x 1.5% x 3/20 ) + ( (806.81 + 15 + 0.56) x 1.5% x 2/20 ) + ( ( 868.49 + 30.61) x 1.5% x 1/20 )

20th year
= (balance from previous yr = a) + ( a x 7.5%) + (10000 x 1.5% x 20/20) + ( (750+7.5) x 1.5% x 19/20 ) + ( (806.81 + 15 + 0.56) x 1.5% x 18/20 ) + ( ( 868.49 + 30.61) x 1.5% x 17/20 ) + . . .

after 20 years calculation will be much simple
= balance + ( balance x 7.5% ) + ( balance x 1.5% )

many ppl including me at the first place misunderstand the concept of dividen and bonus and think can simply calculate the total profit per year as (dividen + bonus)

This post has been edited by azmihamzah: Jun 23 2007, 08:14 PM