BANK OF

FANUM TAX FANUM TAX

A prestigious bank
established in 1989 in the
great Kingdom of Bahrain.

MADE BY:
At fanum bank we: Porter, Ivan K.
Isidro, Joshua A.
Keep money safe
Villaos, Aaron Lawrence S.
Offer interests on deposits
Protect against money losing value 11 - Mapaghinuha
Lend money to, homebuyers,
customers, and firms!

Money looks better

in a bank, than no
money at all
 SIMPLE INTEREST COMPOUND INTEREST
INVESTMENT Here is a sample computation
that shows simple interest:
Here is a sample computation
that shows compound interest:
Simple Investment
Principal: $5,000 Principal: $10,000
Interest: R: 5% R: 12%
If you invest any T: 4 years T: 4 years
N: 2
amount above USD
I=P*R*T
5,000, we will pay you I = $5,000 * 0.05 * 4 I = P(1 + R/n)^nt
5% annually! I = $10,000(1 + 0.12/2)^2*4
I = $1,000
I = $25,249.54
Compound
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Investment Interest:
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you invest any
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10,000 every year, we
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compounded
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 SIMPLE ANNUITY GENERAL ANNUITY
Here is a sample computation Here is a sample computation that
INVESTMENT that shows simple annuity: shows General annuity:

Simple Investment P = $200 P = $1000

R = 0.2% R = 0.5%
Annuity:
T = 4 years T = 4 years
If you invest an amount N=4 M = 12
above USD 200 j = 0.002503
FV = P ((1 + (r/n)^n*t - 1)/(r/n))
quarterly, we will pay a
FV = 200 * ((1 + (0.002/4)^4*4 - FV = P (((1 + j)^t*m) -1/j)
0.2% compounded 1)/(0.002/4)) FV = 1000 (((1 + 0.002503)^4*12) - 1/j)
quarterly!
FV = $3,212.03 FV = $25,467.19
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General Investment
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Annuity:
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you invest an amount
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we will
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0.5% compounded
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quarterly!
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