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BANK
Fixed
No
Accumulative
Of
Deposit
Amount
Year
Rate
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
36,000
72,000
108,000
144,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
2.85%
Bank
Interest
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
1,026
2,052
3,078
4,104
5,130
5,130
5,130
5,130
5,130
5,130
5,130
5,130
5,130
5,130
5,130
5,130
5,130
5,130
5,130
5,130
$ 92,340
ING
Difference
between
ICP only
$ 2,224
$ 1,198
$
172
$
(854)
$ (1,880)
$ 1,120
$ 1,120
$ 1,120
$ 1,120
$ 1,120
$ 1,120
$ 1,120
$ 1,120
$ 1,120
$ 1,120
$ 1,120
$ 1,120
$ 1,120
$ 1,120
$ 1,120
Difference
between
ICP + Div.
$ 3,424
$ 2,398
$ 1,372
$
346
$
(680)
$ 2,420
$ 2,420
$ 2,420
$ 2,420
$ 2,420
$ 2,520
$ 2,520
$ 2,520
$ 2,520
$ 2,520
$ 2,920
$ 2,920
$ 2,920
$ 2,920
$ 2,920
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$ 17,660
$ 46,160
$ 110,000
ICP
3,250
3,250
3,250
3,250
3,250
6,250
6,250
6,250
6,250
6,250
6,250
6,250
6,250
6,250
6,250
6,250
6,250
6,250
6,250
6,250
Dividend
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
1,200
1,200
1,200
1,200
1,200
1,300
1,300
1,300
1,300
1,300
1,400
1,400
1,400
1,400
1,400
1,800
1,800
1,800
1,800
1,800
$ 28,500
Total
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
4,450
4,450
4,450
4,450
4,450
7,550
7,550
7,550
7,550
7,550
7,650
7,650
7,650
7,650
7,650
8,050
8,050
8,050
8,050
8,050
$ 138,500
Terminal
Dividend
Scenario A
$ 12,153
$ 34,424
$
9,728
$ 21,231
$ 34,103
$ 22,755
$ 24,594
$ 26,536
$ 28,597
$ 30,787
$ 48,363
$ 50,896
$ 53,564
$ 56,402
$ 59,406
$ 62,224
$ 65,206
$ 68,316
$ 71,598
$ 66,078
Cash
Value
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
51,117
70,779
91,409
102,269
101,668
101,029
100,349
99,624
98,854
98,045
97,197
96,309
95,379
94,404
93,381
92,309
91,183
100,000