Search This Blog

Thursday, July 30, 2026

What is the ROI of MYR 1,000 invested at 10% for 300 consecutive months? (UCHI Technologies Bhd)

Assuming you mean 10% annual interest compounded monthly:

  • Principal: MYR 1,000
  • Annual interest rate: 10%
  • Investment period: 300 months (25 years)

Using the compound interest formula:

FV=P(1+r12)300FV = P\left(1+\frac{r}{12}\right)^{300} FV=1000×(1+0.1012)300≈MYR12, ⁣068FV = 1000 \times \left(1+\frac{0.10}{12}\right)^{300} \approx MYR\,12,\!068

Results

  • Final value: ≈ MYR 12,068
  • Profit (gain): ≈ MYR 11,068
  • Total ROI:1,107%

No comments:

Post a Comment