Calculation based on simple interest (for toyota vios-7 years)

Best interest rate providing for Malaysian car in the market is around 3.70% to 3.80% per year. Interest Loan tenure Total simple interest = 3 .75% = 7 years (84 months) = 3.75 x 7 = 26.25% Loan amount borrowed Interest rate Term years = 71900 = 3.75% = 7 years

71900 x 0.0375 x 7 = 18873.75 =The interest payable is : 18873.75 Principal added onto the interest = 71900 + 18873.75 = 90773.75 Monthly payment ( 7 years x 12 months) = 90773.75 84

=1080.64 So,based on simple interest calculation the monthly installment amount will be RM 1080.64 for per month.

(for toyota vios-9 years)

Interest Loan tenure Total simple interest = 3 .75% = 9 years (108 months) = 3.75 x 9 = 33.75% Loan amount borrowed Interest rate Term years = 71900 = 3.75% = 9 years

71900 x 0.0375 x 9 = 24266.25 =The interest payable is : 24266.25 Principal added onto the interest = 71900 + 24266.25 = 96166.25 Monthly payment ( 9 years x 12 months)

= 96166.25 108 =890.43 So,based on simple interest calculation the monthly installment amount will be RM 890.43 for per month.

Calculation based on compound interest (for toyota vios 7 years)

Loan amount borrowed 71900 Interest rate Term years 3.75% 7 years

71900 x ( 0.0375 + 1 ) ^ 7 71900 =21134.84 The compound interest payable is RM 21134.84 Principal added onto the = ( 71900 + 21134.84 ) 84 = 1107.56 ( per month )

( for toyota vios 9 years )

Loan amount borrowed 71900 Interest rate Term years 3.75% 9 years

71900 x ( 0.0375 + 1 ) ^ 9 71900 =28243.29 The compound interest payable is RM 28243.29 Principal added onto the = ( 71900 + 28243.29 ) 108 = 927.25 ( per month )

Calculation based on simple interest (for satria neo-7 years)

Best interest rate providing for Malaysian car in the market is around 3.70% to 3.80% per year. Interest Loan tenure Total simple interest = 3 .75% = 7 years (84 months) = 3.75 x 7 = 26.25% Loan amount borrowed Interest rate Term years = 30100 = 3.75% = 7 years

30100 x 0.0375 x 7 = 7901.25 =The interest payable is : 7901.25 Principal added onto the interest = 30100 + 7901.25 = 38001.25 Monthly payment ( 7 years x 12 months) = 38001.25 84 =452.40

So,based on simple interest calculation the monthly installment amount will be RM 452.40 for per month.

(for satria neo-9 years)

Interest Loan tenure Total simple interest = 3 .75% = 9 years (108 months) = 3.75 x 9 = 33.75% Loan amount borrowed Interest rate Term years = 30100 = 3.75% = 9 years

30100 x 0.0375 x 9 = 10158.75 =The interest payable is : 10158.75 Principal added onto the interest = 30100 + 10158.75 = 40258.75 Monthly payment ( 9 years x 12 months) = 40258.75 108

=372.77 So,based on simple interest calculation the monthly installment amount will be RM 372.77 for per month.

Calculation based on compound interest (for satria neo 7 years)

Loan amount borrowed 30100 Interest rate Term years 3.75% 7 years

30100 x ( 0.0375 + 1 ) ^ 7 30100 =8847.83 The compound interest payable is RM 8847.83 Principal added onto the = ( 30100 + 8847.83 ) 84 = 463.66 ( per month )

( for satria neo 9 years )

Loan amount borrowed 30100 Interest rate Term years 3.75% 9 years

30100 x ( 0.0375 + 1 ) ^ 9 30100 =11823.68 The compound interest payable is RM 11823.68 Principal added onto the = ( 30100 + 11823.68 ) 108 = 388.18( per month )

Calculation based on simple interest (for saga 1.4 cc-7 years)

Best interest rate providing for Malaysian car in the market is around 3.70% to 3.80% per year. Interest Loan tenure Total simple interest = 3 .75% = 7 years (84 months) = 3.75 x 7 = 26.25% Loan amount borrowed Interest rate Term years 32400 x 0.0375 x 7 = 8505 =The interest payable is : 8505 Principal added onto the interest = 32400 + 8505 = 40905 Monthly payment ( 7 years x 12 months) = 40905 84 =486.96 = 32400 = 3.75% = 7 years

So,based on simple interest calculation the monthly installment amount will be RM 486.96 for per month.

(for saga 1.4 cc-9 years)

Interest Loan tenure Total simple interest = 3 .75% = 9 years (108 months) = 3.75 x 9 = 33.75% Loan amount borrowed Interest rate Term years 32400 x 0.0375 x 9 = 10935 =The interest payable is : 10935 Principal added onto the interest = 32400 + 10935 = 43335 Monthly payment ( 9 years x 12 months) = 43335 108 = 32400 = 3.75% = 9 years

=401.25 So,based on simple interest calculation the monthly installment amount will be RM 401.25 for per month.

Calculation based on compound interest (for saga 1.4 cc 7 years)

Loan amount borrowed 32400 Interest rate Term years 3.75% 7 years

32400 x ( 0.0375 + 1 ) ^ 7 32400 =9523.90 The compound interest payable is RM 9523.90 Principal added onto the = ( 32400 + 9523.90 ) 84 = 499.09 ( per month )

( for saga 1.4 cc 9 years )

Loan amount borrowed 32400 Interest rate Term years 3.75% 9 years

32400 x ( 0.0375 + 1 ) ^ 9 32400 =12727.16 The compound interest payable is RM 12727.16 Principal added onto the = ( 32400 + 12727.16 ) 108 = 417.84( per month )