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CPF Voluntary Housing Refund Knowledge Check

Sharpen your cpf voluntary housing refund skills with algorithmically generated problems. Each attempt produces unique values to test your formula knowledge.

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Your outstanding CPF housing refund balance is $55000. If you make a voluntary refund today, you pay $55000. If you wait 1 more year, a 2.5% annual interest will be added. How much money do you save in accrued interest by refunding today instead of waiting?

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