Investing in a high-interest term investment with compound Interest
So what really is compound interest? Compound interest is the process of accumulating interest payments not only on your investment but also earning interest on your interest. For example, if you put $10,000 into a high-interest savings account with an interest rate of 4% p.a*, you will receive $407 over the course of the first year. You will then be able to earn even more interest as your term investment continues to grow. You could earn over $2,210 over a 5-year period with one of our APS Savings high-interest term investments.
This is not a bank product, it is an unlisted deposit note. No independent assessment has been made about the risk to investors losing any of their principal investment. Applications for deposit notes can only be made on the Investment Application Form which accompanies the prospectus issued by APS Savings Ltd. Please read the prospectus carefully before deciding whether to make an investment.
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