My guy,
I don't understand that your calculation. You were paid 900K in Just five months. I need you to analyse how much I will make with min deposit of 50K within 6months. I know that they now pay 20%.
But what wil; happen to the capital investment (50K)??
Please help clarify.
@ wale
Yeap its so simple, If they are to pay you a 20% Less VAT for a minimum deposit of 50,000 naira monthly ,Then that will be 9,000 naira monthly, They will pay you that for 2 years[24months] and the contract lapse, the capital is gone,
If they paid you 9000naira for 6months,then you would have made, 9000naira MULTIPLIED BY 6 = 54,000.Then you would have made back your capital and a little more.So everthing you start getting while the remaining 18 months last would be profit,
In the next 18 months you simply get, 9000naira Multiplied by 18 = 162,000 naira,
Which means the total amount you get for the period of the investment [24 months] would be, 9000 Multiplied by 24 = 216,000 naira,
However that is just for the minimum deposit of 50,000 naira , If you invest 100,000 naira it means 216,000naira Multiplie by 2 = 432,000naira [24months] e.t.c,
Id advise you visit their office to make personal enquiries too , It is good to do that before investing in anything no matter the extent of information gathered from people,as it is your hard earned money we are talking about here,
Hope that clarifies it,
And good news , I heard the amount has one back to the initial 30%.Meaning 15,000naira instead of 9,000naira on the minimum eposit of 50,000 naira, just a gist i can't be 100% sure until i get my bext pay this week,
musicalade@yahoo.com