Interest is calculated by the average daily balance method, which applies a periodic rate to the average daily
balance in the account for the period.
4 This is a hypothetical calculation based on current rates, annual cumulative interest earned and annual donation made based
on balances in your account.
You agree to reimburse us for any collection costs relating to any unsecured
debit balance in your Account, including attorney's fees, court costs, and interest.
Interest is calculated by the daily balance method, which applies a periodic rate to the end of
day balance in the account each day.
Also, if there is any card
balance in your account which you are not aware of, it can be that someone has used your identity to open a apply for credit card.
Some banks may offer high interest rates on savings account on the condition that the investor will have a substantial
minimum balance in the account.
Please note, because interest is paid away, the projected return above illustrates the total return over the term of the product and does not represent the
final balance in the account.
However, you will have to maintain at least $ 5,000
of balance in your account and you can only make certain number of withdrawals each month.
Existing Aggregate Accounts — In this example, during escrow analysis, the lender would compare the required amount of $ 1040 to the
actual balance in your account in June.
The accounting functions include:
maintaining balances in the accounts, making sure the company is compliance with the Securities and Exchange Commission (SEC), provides detailed annual and monthly reports on profit / loss and fund values, calculate the Net Asset Value (NAV) on each fund the company has, determine the current cash value on each fund the company has, and acts as a liaison between investors and internal management.
Once a particular balance range is met, the Dividend Rate and Annual Percentage Yield for that balance will apply to the
full balance in your account.