Nooruladha’s Weblog


COmpound interest!
May 26, 2008, 1:30 pm
Filed under: Uncategorized

IF starting at 3000 during year 1, then add 3600 per year (300 monthly),  for a tenure of 20 years, I will get:

159,427.17 – Interest rate (6.5% –> Tabung Haji)

191,905.39 – interest rate (8% –> ASB)

280,741.45 – interest rate (11% –> Unit Trust)

473,216.04 – interest rate (15% – Good Stocks)

Hahah!

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