₦500,000
Starting Principal
₦610,806
Bank Savings Ending Total
₦800,516
Money Market Fund Ending Total
Portfolio Value
Years Held
Money Market Fund (Quarterly Auto-Reinvest)
Commercial Bank Savings (≤4 Withdrawals/Mo)
Adjust your Naira savings parameters
Starting principal
₦500,000
MMF net annual yield (%)
16%
Bank savings rate (%)
6.9%
Holding period (years)
3
*Assumes quarterly dividend reinvestment for the Money Market Fund and annual interest crediting for Bank Savings.