Bank Rakyat Dividend 16%
|
|
 Oct 11 2020, 06:29 PM
Return to original view | IPv6 | Post
#1
|
 
All Stars
14,511 posts Joined: Sep 2017 
|
QUOTE(sl3ge @ Oct 11 2020, 05:26 PM) by the way, Simple interest. The principal x interest % pa x period.Any government servant get bank rakyat personal loan? Its only 2.38% Is it compound interest or simple interest?  Compound interest is similar to penalty interest or overdue instalment interest. sl3ge liked this post
|
|
|
Oct 11 2020, 07:21 PM
Return to original view | IPv6 | Post
#2
|
|
All Stars
14,511 posts Joined: Sep 2017
|
QUOTE(sl3ge @ Oct 11 2020, 06:38 PM) It is like car loan? Yes. Effective interest is higher.https://www.comparehero.my/personal-loan/ar...-than-you-think So the Effective Interest Rate of the bank rakyat loan is around 4.5% my understanding correct? Simple interest as its term ... simple calculation. Effective ... formula based. sl3ge liked this post
|
| Change to: |  0.0154sec
 0.37
 6 queries
 GZIP Disabled
Time is now: 8th December 2025 - 12:35 AM |
Quote