The cost of education continues to soar, so preparation is crucial.
Begin by calculating how much you're likely to need - to give your children the best education they deserve!
future value of your desired course for your child will be
RM 500 000
| Child Education Fund | BAT(4162) | |
| Price | RM14.36 | |
| Total Investment | RM 1M | |
| Dividend Yield | 8% | |
| Total Dividend Received Per Year | RM80,000.00 | (a) |
| Loan Amount | RM 1M | |
| Loan Period | 35 | |
| Loan Interest | 3% | |
| Loan Installment Per Month | RM3,848.00 | |
| Total Loan Installment Per Year | RM46,176.00 | (b) |
| Child Education Fund per year | RM33,824.00 | c= a-b |
| Total Child Education Fund 18 year | RM608,832.00 | c X 18 |
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