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  • Johan Money Saving

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    Meow
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    The document shows a table tracking the balance, interest rate, and interest earned on a savings account over 12 months. It started with a balance of MYR 100 in January 2012 and ended with MYR 1,319.68 in December 2012. A monthly payment of MYR 100 was made while earning 3% interest each month, causing the balance to steadily increase over the year.

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    The document shows a table tracking the balance, interest rate, and interest earned on a savings account over 12 months. It started with a balance of MYR 100 in January 2012 and ended with MYR 1,319.68 in December 2012. A monthly payment of MYR 100 was made while earning 3% interest each month, causing the balance to steadily increase over the year.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    1 views2 pages

    Johan Money Saving

    Uploaded by

    Meow
    The document shows a table tracking the balance, interest rate, and interest earned on a savings account over 12 months. It started with a balance of MYR 100 in January 2012 and ended with MYR 1,319.68 in December 2012. A monthly payment of MYR 100 was made while earning 3% interest each month, causing the balance to steadily increase over the year.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 2

    SERIOUS SAVING

    Month Balance at beginning the month Interest rate


    1 1-Jan-2012 MYR 100.00 3.00%
    2 1-Feb-2012 MYR 200.25 3.00%
    3 1-Mar-2012 MYR 300.75 3.00%
    4 1-Apr-2012 MYR 401.50 3.00%
    5 1-May-2012 MYR 502.51 3.00%
    6 1-Jun-2012 MYR 603.76 3.00%
    7 1-Jul-2012 MYR 705.27 3.00%
    8 1-Aug-2012 MYR 807.04 3.00%
    9 1-Sep-2012 MYR 909.05 3.00%
    10 1-Oct-2012 MYR 1,011.33 3.00%
    11 1-Nov-2012 MYR 1,113.85 3.00%
    12 1-Dec-2012 MYR 1,216.64 3.00%
    Average of interest
    Total amount of payment

    Increasing Balance
    MYR 1,400.00

    MYR 1,200.00

    MYR 1,000.00

    MYR 800.00

    MYR 600.00

    MYR 400.00

    MYR 200.00

    MYR 0.00
    1-Jan-2012 1-Feb-2012 1-Mar-2012 1-Apr-2012 1-May-2012 1-Jun-2012 1-Jul-2012 1
    SERIOUS SAVING
    Interest for the month Monthly payment Balance at end of the month
    MYR 0.25 MYR 100.00 MYR 200.25
    MYR 0.50 MYR 100.00 MYR 300.75
    MYR 0.75 MYR 100.00 MYR 401.50
    MYR 1.00 MYR 100.00 MYR 502.51
    MYR 1.26 MYR 100.00 MYR 603.76
    MYR 1.51 MYR 100.00 MYR 705.27
    MYR 1.76 MYR 100.00 MYR 807.04
    MYR 2.02 MYR 100.00 MYR 909.05
    MYR 2.27 MYR 100.00 MYR 1,011.33
    MYR 2.53 MYR 100.00 MYR 1,113.85
    MYR 2.78 MYR 100.00 MYR 1,216.64
    MYR 3.04 MYR 100.00 MYR 1,319.68
    MYR 1.64
    MYR 1,200.00

    sing Balance

    1-Jun-2012 1-Jul-2012 1-Aug-2012 1-Sep-2012 1-Oct-2012 1-Nov-2012 1-Dec-2012

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