Can you explain your Time deposit more clearly.
You will not be getting 1.8% per month.
Normally special 3, 6, 7, 10 Monthly deposit accounts (ie: lower then 12 mths are prorated as interest is always p.a.)
So your 7 mths deposit is actually 1.05% (prorated from 12 mths at 1.8%).
I am not trying to be dense here, just asking if you would work out the actual % you are actually being paid each month, not over the period of the whole 7 mths. (I would suspect it is only perhaps 0.25%). Thanks for checking as I think this is an important point.
ie: