Example: of 1 Month subscription in Commodity Investment Account:
Deposit Amount |
AER |
Period |
Expected Profit Amount |
Expected Maturity Amount |
SAR 50,000 |
3% |
1 M |
SAR 125 |
SAR 50,125 |
Example: of 3 Months subscription in Commodity Investment Account:
Deposit Amount |
AER |
Period |
Expected Profit Amount |
Expected Maturity Amount |
SAR 50,000 |
4% |
3 M |
SAR 500 |
SAR 50,500 |
Example: of 12 Months subscription in Commodity Investment Account:
Deposit Amount |
AER |
Period |
Expected Profit Amount |
Expected Maturity Amount |
SAR 50,000 |
4.50% |
12 M |
SAR 2,250 |
SAR 52,250 |
*AER : is an Annual Equivalent Rate, is a figure which shows what the profit rate on an account would be if profit was paid for a full year and compounded.
**AER may differ depending on the amount and the period different form the above example.