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 Fixed Deposit Rates In Malaysia V. No.10, Please Read Post #1 & #2

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gugukrez
post Nov 18 2015, 05:23 PM

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Just want to know how the FD calculation

If i FD 5000 into Bank and the interest is 3.2%

So in which mean

1st month i get RM 160
and Continues month continue roll ?


gugukrez
post Nov 19 2015, 11:17 AM

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QUOTE(alexanderclz @ Nov 18 2015, 05:54 PM)
160 divided by 12 months
*
Then there is promotion of 1 month FD.. with interest of 3.2.. in which mean is 160 divided by 12 month and only get 13.33?

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