The iPlan Proposal

Objective:
To get electronic gadgets from Apple by December 2011.

Target:
1. iPad 2nd Generation (WiFi + 3G - 32G)
2. iPod Nano 6th Generation or 7th Generation 16G (which provide the better specification)

Plan:
1. Save a minimum of RM 1.5K in Fixed Deposit with a 3 months tenure by end of January 2011
2. Save a minimum of RM 1.5K in Fixed Deposit with a 3 months tenure by end of June 2011

Projected Outcome:
1. iPad purchased by end of December 2011
2. iPod Nano purchased by end of December 2011
  
Financial Breakdown:
1. Excluding the interest earn from Fixed Deposit, Total income = RM 3K
2. Deduct the amount for iPad, RM 2.3K = RM 700
3. Deduct the amount for iPod Nano, RM 700 = RM 0

Assumptions:
1. iPad 2nd Generation (32G - WiFi + 3G) price is RM 2.3K
2. iPod Nano (16G) price is RM 700

Proposed by:

eHuey