Last edit: 27 Aug 2024
Given 2 e-fixed deposit placements of the same starting principal on the same day but different maturity and interest p.a. compounded into its principal, which of them would yield better return after a certain period? For example, a 2.95% interest p.a. maturing in 1 month vs a 3% interest p.a. maturing in 2 months, how will they turn out after a year? I present you a simple web solution to calculate them for up to 60 months ahead at efd.woofiepie.me.