Anyone Have Idea About Opay Flexifixed Interest? - Investment - Nairaland
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| Anyone Have Idea About Opay Flexifixed Interest? by Redomi(m): 10:37am On Apr 27, 2020 |
Please I don't understand how the interest work, they said 11% for 7 days per annum. per annum is a year, which one is 7 days again? |
| Re: Anyone Have Idea About Opay Flexifixed Interest? by BankNaija: 8:35am On Jun 09, 2020 |
All the info you need on Opay FlexiFixed is here: https://www.banknaija.com/opay-nigeria-introduces-opay-flexifixed/ EVERYTHING. |
| Re: Anyone Have Idea About Opay Flexifixed Interest? by BankNaija: 10:28am On Aug 11, 2021 |
Yes you can earn per annum interest in 7 days. This is how it works: Take the amount you invest as J, and interest rate is R% for a 7-day investment. So J x R% x 7/365. That will give you the per annum interest rate. Redomi: |
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