Monthly Archives: September 2011

Additional 6% Tax on Prepaid Reloads

Prepaid users will need to fork out own money to pay 6% service tax on all reloads as well as new starter packs effective from 15 Sept 2011. In the other words, the consumer would need to pay: RM10.60 for … Continue reading

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How Compound Interest Works?

Anyone who has ever had a savings account has received compound interest. For example, suppose you place RM1000, which is your present value (PV), in a savings account that pays 4% interest annually. How will your savings grow? At the … Continue reading

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Will Renting Better Than Buying A House?

For most people, the rent versus buy decision is not just based on finances but also on lifestyle. Perhaps you want to rent a house because you want to have more freedom, or you may want to buy a house … Continue reading

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