Page 13 Advertisements Column 1

Press, 4 January 1978, Page 13

*• Mw winßß* ____ WK :... -— ' ..." UHi tfRS W SRII tfR iOP ■ HfinH v|v Ml MlmtHbl m WtK .•■mjwa w Mrww’® w W„ *" _ _ _Bl < Ry O? EMjaKa «jj|s Ajaßate V 4r |S| Ss M gg§ M M 11l gaR R MLR R MKiumi EARN UP TO ' z ** [RSIISS^X >^ z ISI **<**» 1 Hf r a I PER ANNUM FOR ■ 4 YEARS J I PtiSS ;' Up to s3ooTax Allowance could double g I the effective return on the interest you earn | \ I Auckland Building Society Fixed Deposits Pre-tax Interest Yield g • qualify for the extra S2OO Tax exemotion on (on first S3OO interest) g interest earned, which, along with the W>thtaxableincomeofs6soo-$8000(at I'/' *' '1 ■ normal $lOO tax exempjon from any 45.5 c omargmaltaxrate)theeffectivereturn _- ■’ source, gives a total of $3OO tax free is boosted to 20.7% per annum. With I v 4 taxableincomeofsl2,ooo-SVooo(at " . I $3OO imerest (a combined total o> $600) 50% marginal tax rate) the effective return ■” - annually from this investment. isboostedto22.6Siperannum. ■’>< • | Current Deposit Rates Compound Interest g I 8 Days notice (after the Take this example of 4 years compounding " , I^L <5% per annum depo sit at 11% per annum l.'V*30 days notice 7.75%per annum H : < I 6 months 8.5% per annum Deposit Y earl Year 2 Year 3 Year 4 ■ - 1 year 9.5% per annum f « I 2 years 10% per annum S5OO 556 51 619 41 689 42 767.34 '- r s 3 years 10.5%per annum S2OOO 2226.05 2477.65 2757.69 3069.37 G j 4 years 11% per annum " „ g —— Mortgage Assistance I W Over 80 years of service to New Zealanders Mortgage advances are only made to 3 andsloo.ooo.ooointotal assets. Societymembersbutadepositwiththe | > a Society may help in mortgage preference. jr The Investment Manager. ® r » * Auckland Building Society, m g RO. Box 1586,Christchurch. Cl 88 S Please fcrwa r d me the full facts on Fixed Deposits. . . COOPERATIVE TERMINATING B j IX. BUILDING I j — M , -y»TJ||=LX <l Jill 1 J Telephone