Interest Payments

[Robert Heller]

At Wed, 20 Aug 2008 20:24:54 -0400 (EDT) "Michael DeBusk" <michael at nlphilia.com> wrote:

> 
> On Wed, August 20, 2008 18:31, Chris wrote:
> 
> > Certificate of Deposit (CD).   I know the opening balance, the period,
> when interest is paid, and APY.  Is there any way that I can get each
> interest payment to be calculated upon reconcile each month?
> 
> My bank (ING Direct) sends me a statement every month. I work from it
> rather than tryingt to calculate anything. (The interest payments are not
> exactly the same every period, for some reason.)

Compounded daily and there are a different number of days in each month...

> 
> 
> 
> 
> 
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