Why are you shifting the goal post now that i have provided you the exact calculations based on GX's own materials?
Plus the very fact you resorted to personal attacks from the beginning for no reason? It just shows you are not a man of much substance.

If I say, yes indeed GX bank robbed me of the 1 cent, you gonna blow? This affects you how? Will GX remove that 1 cent from you to give to me?

Since we are way past the point of being pedantic I will now say this in response to you and only to you.
GX bank did not rob me of the 1 cent, in fact GX bank robbed me of 10 cents since i have 10 pockets.

So, what's next? you going to give another substanceless statement like the other fella earlier "gO Do sOmEtHiNg MoRe pRoDuCtIVe CaN gEt MoRe ThAn 10 cEnTs" ??

No idea why people are so quick to lick up to corporations. Fact of the matter is, something so simple as this shouldn't even occur.

To people who very free to find it out (like me), how does this even negatively impact you in any way whatsoever?
In the end everyone else would benefit from this, no?
If you are not grateful someone else is doing the leg-work for you or think this doesn't affect you at all because its a small matter, then you need to think about the bigger picture.
Also, for 1 person that doesn't care about this, there will be another 1 person that cares about stuffs like this which would find the findings useful.

and the ironic thing is, you being riled up by me/us doing this, aren't you equally wasting as much time as me/us on this. So who's winning?

i've set one pocket to RM4941.01 while the rest has RM4941.41
See if tonight will lose the one sen or not.

This post has been edited by ronnie: Apr 11 2024, 04:14 PM

I 4950 also and got .68 too

It's like the 1 sen thief. By them not giving out rh 1 sen, how much they earn from the 1b? I think easily 1m.

me too one pocket... but others 4941.xx la or 4942.xx

lazy to move the changes 😂

anybody going to bnm over the 1 cent fiasco?

I untung liao they round up my number. I guess they took some of your 1 cent and give to me. Thanks guys.

PS. I didn't put rm4941 lel.

This post has been edited by poweredbydiscuz: Apr 11 2024, 04:39 PM

Credit to 000022 to finally putting this issue to rest. Kudos to GXbank management too for listing how is daily interest calculated. They already anticipated some clowns will appear causing unnecessary drama without reading.

I wonder how hard is it for someone to admit "I was wrong" rather to rumble on long posts trying to prove a point. Ego problem?

Thank you boss. You're absolutely correct. Using 11 decimal places as per GXBank Interest Calc FAQ.


New magic number is 4941.01


*All 2 decimal points except where otherwise specified. Rounding as per GXBank's doc ie: round on 3rd decimal point. Not round up or round down, just round.

This post has been edited by soonwai: Apr 11 2024, 05:24 PM

this is much clearer

so the issue wasn't on the 2% part but more on the 3% part

earlier we thought supposed to be 0.27/0.26
but all along it is correct @ 0.27

the mistaken part is the 3%, which is 0.40 not 0.41


This post has been edited by Optizorb: Apr 11 2024, 05:21 PM

Many are too relying on their smartphone calculator that made the rounding automatically for them, should use this

Ok la you win. You win all ok? Happy now? Damn xia xui, bickering over 1 cent when our neighbouring country is not even happy with 6.8% interest. Pathetic.

So much fun and banyak drama for 1 sen. LOL.

Did you know if GXBank use 5 decimal places then we get 0.69. (for 4941)

This post has been edited by soonwai: Apr 11 2024, 05:26 PM

0.40 & 0.27 = 0.67
vs
0.41 & 0.26 = 0.67

Nice one bruh

If want illustration of different answers from different calculators/devices/apps can try this:
arcsin (arccos (arctan (tan (cos (sin (9) ) ) ) ) )
*in degrees mode
http://www.rskey.org/~mwsebastian/miscprj/models.htm

This post has been edited by soonwai: Apr 11 2024, 05:43 PM

im now clear on how 4941 can get 0.67 only, while 4941.01 can get 0.68
for 4941:
3% supposed to get 0.40
2% supposed to get 0.27
total = 0.67

for 4941.01:
3% supposed to get 0.41
2% supposed to get 0.27
total = 0.68

but then right.. take a look at GX calculation and how they credited:
for 4941: they credited 3% as 0.41 while 2% as 0.26

that's why earlier discussions were all fixated on the 0.26 vs 0.27, blindsided by this calculation that seemingly is just plain wrong, and we just assumed the 3% calculation is correct.




let me put this out first: yes it is correct then that 4941 would get 0.67 only. The end. There is no losses on anyone's part and GX did not shortchange anyone.

Now im just interested to find out how come they credit the 2% part as 0.26 and not 0.27, likewise for the 3% part as 0.41 and not 0.40

This post has been edited by Optizorb: Apr 11 2024, 05:33 PM

Ya wor. I haven't looked at the transactions but now I have and I see what you mean.

Looks like error on GXB part. Somehow they rounded the 3pct ie: 0.40499998461 to 0.41 (not as per their doc)
but 5pct is: 0.67499999082 to 0.67 (as per their doc)
Based on the above: 2pct = 5pct - 3pct = 0.67-0.41 = 0.26

weird...

Update:
If 3pct is calculated using (at least) 15 decimal points then it becomes 0.41. And 2pct becomes 0.26. Then it tallies with the GXB credit transactions that we see in the app for RM4941.



No change to 4941.01

This post has been edited by soonwai: Apr 11 2024, 06:26 PM

So should use 4942. And should get 27 Sen + 41 Sen? Conversation above is too many decimal to follow.

It's either 4941.01 or 4941.41. I am trying 4941.01 today and see.

This post has been edited by Ramjade: Apr 11 2024, 06:16 PM