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What is the highest interest rate of time deposit per year in the philippines?
Ricardoaguilarfb2802
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What is the bank with the highest Certificate of Deposit interest rate?
Everbank has a very high interest rate right now.
Which financial product typically pays the highest rate of interest?
certificate of deposit
Which bank have highest interest rate in kerala for fixed deposit?
catholic syrian bank
What was the highest interest rate in all bank in Philippines that be given?
malayan bank
Which bank provides the highest interest rate on an RD?
For 1 Year and 5 Years of recurring deposit account which bank offers best interest rate?
Interest rate on recurring deposit in Indian overseas bank?
interest rate of recurring deposit in iob
Where can I find the highest interest rates for certificates of deposit?
I would check out monitorbankrates.com (http://cdrates.monitorbankrates.com/). There, you can research which banks have the highest rate of return in your area.
How do you calculate fixed deposit interest?
Fixed deposit interest is calculated using the simple interest concept Interest = (principal * no. of years * rate of interest) / 100 principal = the amount you deposited rate of interest = the amount in % Ex: Deposit amount - 10,000 Rate of interest = 10% no of days = 365 Interest = (10000 * 365 * 10) / (365*100) = 1000
What is compounding rate?
Compounding rate is the interest rate at which the rate grow faster than the simple interest on deposit or loan made. It is also said "interest on interest".
How do I get the best high certificate of deposit interest rates?
You will recieve a higher rate of interest as your deposit amount increases.
Are most deposits fixed rate or variable rate?
Deposits offer only a fixed rate of interest. Though this rate of interest gets changed once in a while, a deposit which was opened before this interest rate change does not get altered. It will continue to earn the same rate of interest as was promised when the deposit was opened.
Can a bank in India change the rate of interest during the currency of a term deposit with them?
No. The rate of interest on a term deposit (Fixed Deposit) cannot be changed during the duration of the deposit. For Ex: you deposit Rs. 10000/- on Jan 1st 2011 with a bank in India at 8% rate of interest for a period of 1 year. Even if the deposit rates change to let's say 7.5% a few weeks after that, the bank has to honor the commitment it has given to you at the time of opening the term deposit and it cannot change the rate of interest.
