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Henry Tan - Your Finance Doctor
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Henry Tan - Your Finance Doctor
A finance blog written by a Licensed Financial Advisor, that shares everything on personal finance. Earn, Save, Invest & Repeat! Find out more!
EPF Employee Contribution : 11% or 8%? | Henry Tan - Your Finance Doctor
Saturday, January 30, 2016
EPF Employee Contribution : 11% or 8%?
As you may know in the recent Budget 2016 re-calibration, our Prime Minister has announced the reduction of Employee Provident Fund...
How to Calculate Car Loan(Hire Purchase Loan)? | Henry Tan - Your Finance Doctor
Example 2
25,000 X 7 X 3% = 5,250
Hence, total car loan will be principal + interest:
25,000 + 5,250 = 30,250
So, monthly installment will be:
30,250 / 84 = 360
Rule of 78!
So how to get 3,570?
So...