They are held as a full interest for a specified period of time. For the times you use it, the interest is undivided.
The interest earned will depend on the interest rate as well as the time period. You have chosen not to share either items of information which makes it impossible to give a more useful answer.
When two or more people acquire land by deed their fractional interest is set forth in the deed. If the deed is silent, they each own an undivided equal share in the whole property. However, at the time of the purchase any fractional arrangement can be set forth in the deed. In that case the deed would need to specify the split. For example, the deed must recite that David will receive a one-quarter interest, Charles a one-quarter interest and Judith a one-half interest.
Special Interest Group- ppl who share a common interest If anyone has time to change the pregnancy thing to politics, cuz i don't have time :) - Figlet
Undivided profits is a term that refers to corporate earnings that have gathered over a period of time. For banks, the term means retained earnings.
A time deposit is an interest-bearing deposit held by a bank or financial institution for a fixed term. Time deposits usually refer to savings accounts, and are held by individuals.
Check your Deed. If you both are "undivided" owners..meaning you both own the property equally 100%..then NO they can not sell. Most of the time there is rights of survivorship in that kind of Title but if you each own 1/2 or 1/4 or ???? "divided interest..they can sell their share... 1/2 or 1/4. Check with your closing attorney.
It depends, but the average is usually between 20 to 30 seconds.
Dating
The interest on a savings account is calculated by multiplying the account balance by the interest rate and the time the money is held in the account. This calculation is typically done on a monthly or annual basis.
Accrued interest is usually calculated like this: Accrued interest = face value of the bonds x coupon rate x factor. Coupon = Annual interest rate/Number of payments. Factor = time coupon is held after last payment/time between coupon payments.
Indefinitely or until the contingent is found and paid.
January 31. The government has held on to your money for long enough without paying any interest.