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Message: <blockquote data-quote="Chootyputha2014" data-source="post: 30954696" data-attributes="member: 500465">Menna meka base karan mama kiwwe. Got it <img class="smilie smilie--emoji" loading="lazy" alt="👍" title="Thumbs up    :thumbsup:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f44d.png" data-shortname=":thumbsup:" /> Let’s carefully check this investment plan.You said:<ul> <li data-xf-list-type="ul">Investment term: 2 years (24 months)</li> <li data-xf-list-type="ul">Bank promises: LKR 500,000 at the end</li> <li data-xf-list-type="ul">Your monthly installment: LKR 19,000</li> <li data-xf-list-type="ul">Stated annual interest rate: 9%</li> </ul><hr /><h3>Step 1: Total money you invest</h3>19,000×24=456,000 LKR19,000 \times 24 = 456,000 \text{ LKR}19,000×24=456,000 LKRSo, you deposit LKR 456,000 in total.<hr /><h3>Step 2: Final return</h3>You receive LKR 500,000 at maturity.Profit = 500,000−456,000=44,000500,000 - 456,000 = 44,000500,000−456,000=44,000<hr /><h3>Step 3: Effective return</h3>44,000456,000≈9.65% total (2 years)\frac{44,000}{456,000} \approx 9.65\% \text{ total (2 years)}456,00044,000≈9.65% total (2 years)Annualized return:(500,000456,000)12−1≈4.7% per year\left(\frac{500,000}{456,000}\right)^{\tfrac{1}{2}} - 1 \approx 4.7\% \text{ per year}(456,000500,000)21−1≈4.7% per year<hr /><h3>Step 4: Compare with stated 9%</h3> <ul> <li data-xf-list-type="ul">Bank says 9% annual, but your effective yield is ~4.7% annual.</li> <li data-xf-list-type="ul">This happens because you are depositing in monthly installments, not as a lump sum. The first installments stay invested longer, later ones much shorter. So the actual effective rate is lower.</li> </ul><hr /><img class="smilie smilie--emoji" loading="lazy" alt="✅" title="Check mark button    :white_check_mark:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/2705.png" data-shortname=":white_check_mark:" /> Verdict:<ul> <li data-xf-list-type="ul">You are getting profit, but not a true 9% annual yield.</li> <li data-xf-list-type="ul">Actual benefit ≈ 4.7% per year, which is much lower than fixed deposits in Sri Lanka right now (often above 8–10% for 1 year).</li> <li data-xf-list-type="ul">So, not really worth it unless you prefer the disciplined savings method (forced monthly saving + lump sum maturity).</li> </ul></blockquote>

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