Hello guys can i know the requirement for opening FD acc... Coz i'm just 16 years old still in study and have maybank acc with my mom name together so izit possible for me to open a FD acc...

Hey guys can i know how the interest rate is calculated... If i put my RM1000 for my principal amount...

Izit first month will get 3%... Then if at 3rd month so izit the interest rate is calculate like below:
>> (RM1000 + 1st and 2nd month interest rate that is 3%) + 3.2% for that month

or

>> RM1000 (original principal amount) + 3.2% for tat month...

Which two... So izit safe putting the money in eFixed Deposit... Anyonw tried b4 putting the money for a year... What da result...

So can i know when i deposit RM1000 for 2 month... How much total interest will i get... How to calculate...

If deposit RM1000 for a year how much interest will i get... Really need help...

And izit deposit for 2 month and 12 month is the same (same mean if i deposit 2 month for 6 times izit total i get is the same as 12 month interest)