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Can I read ING Fixed Term Deposit Rates Analysis on EtoBox?
ING Fixed Term Deposit Rates Analysis by ypyee is a document available to read on EtoBox.
What is ING Fixed Term Deposit Rates Analysis about?
The document compares returns from a bank fixed deposit to an ING investment over a 20 year period. The bank deposit grows at a fixed rate of 2.85% each year, accumulating a total of $92,340 over 20 years. The ING investment provides higher returns through a combination of initial capital protection, interest earned, and dividends paid out. Over the period, the ING investment accumulates $138,500, outperforming the bank deposit by $46,160.
- Author
- ypyee
- Language
- EN