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 Car loan rate vs Fixed.deposit, Compare

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post Jun 22 2018, 04:09 PM

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QUOTE(aspartame @ Jun 22 2018, 03:48 PM)
Hence, this is the conclusion when the blind leads the blind. Always remember that banks must earn higher than they pay. Hence, car loan effective rate is higher than FD.
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post# 24 has the maths for those that needs it....

else google has many too

 

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