Comparison of the two rebates
| Period | Deferred profit as calculated in BNM's case of fixed-rate BBA (last column in Table 2) | Interest amount as calculated in the conventional finance's case (last column in Table 3) | Difference |
|---|---|---|---|
| 0 | 165135.97 | 165135.97 | 0.00 |
| 1 | 163635.97 | 163635.97 | 0.00 |
| 2 | 162139.93 | 162139.93 | 0.00 |
| 3 | 160647.89 | 160647.89 | 0.00 |
| … | … | … | … |
| 48 | 98167.98 | 98167.98 | 0.00 |
| 49 | 96895.99 | 96895.99 | 0.00 |
| 50 | 95629.68 | 95629.68 | 0.00 |
| … | … | … | … |
| 170 | 812.28 | 812.28 | 0.00 |
| 171 | 666.23 | 666.23 | 0.00 |
| 172 | 534.30 | 534.30 | 0.00 |
| … | … | … | … |
| 178 | 45.21 | 45.21 | 0.00 |
| 179 | 15.12 | 15.12 | 0.00 |
| 180 | 0.00 | 0.00 | 0.00 |
| Period | Deferred profit as calculated in BNM's case of fixed-rate BBA (last column in | Interest amount as calculated in the conventional finance's case (last column in | Difference |
|---|---|---|---|
| 0 | 165135.97 | 165135.97 | 0.00 |
| 1 | 163635.97 | 163635.97 | 0.00 |
| 2 | 162139.93 | 162139.93 | 0.00 |
| 3 | 160647.89 | 160647.89 | 0.00 |
| … | … | … | … |
| 48 | 98167.98 | 98167.98 | 0.00 |
| 49 | 96895.99 | 96895.99 | 0.00 |
| 50 | 95629.68 | 95629.68 | 0.00 |
| … | … | … | … |
| 170 | 812.28 | 812.28 | 0.00 |
| 171 | 666.23 | 666.23 | 0.00 |
| 172 | 534.30 | 534.30 | 0.00 |
| … | … | … | … |
| 178 | 45.21 | 45.21 | 0.00 |
| 179 | 15.12 | 15.12 | 0.00 |
| 180 | 0.00 | 0.00 | 0.00 |
Source(s): Author's own
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