1-2 months = 12% annualized
. 3 months = 10% annualized
. 4-5 months = 9% annualized
. 6 months = 8% annualized
First I wondered, why it's below 12 % as you could just put your HBD into the savings. But I'm sure you have thought about that.
What I'm still not sure: Why does it say different percentages in the last picture?
1 month = 7.2 % annualised
2 month = 7.5 % annualised
...
It's different in numbers and concept ( longer time = higher annualised interest rate).
Did I get something wrong?
No, i got something wrong. I had a few slides made for this and used the wrong one. Thanks for highlighting that buddy.