READY RECKONER

Agreed a Rate quoted, but rate changes after agreement (as per the table)

This will result in no part of loan repaid

even if all instalments are regularly paid

Compounded Monthly:            Repayment

                                      Weekly:                   Reckoner

                                      Fortnightly:              Reckoner

                                      Monthly:                  Reckoner

Compounded Quarterly:          Repayment

                                     Weekly:                    Reckoner

                                     Fortnightly:               Reckoner

                                     Monthly:                   Reckoner

Compounded Half Yearly:       Repayment

                                     Weekly:                     Reckoner

                                     Fortnightly:                Reckoner

                                     Monthly:                    Reckoner

Compounded Annually:          Repayment

                                     Weekly:                     Reckoner

                                     Fortnightly:                Reckoner

                                     Monthly:                    Reckoner