View Single Post
  #2   Report Post  
RagDyeR
 
Posts: n/a
Default

Would you care to share the name of the institution that's providing that
*very* good interest rate?<g
--

Regards,

RD
--------------------------------------------------------------------
Please keep all correspondence within the Group, so all may benefit !
--------------------------------------------------------------------

"Ira Hayes" wrote in message
ink.net...
I think my bank has been underpaying me interest on a 5 year certificate of
deposit.

How can I calculate the interest I should be getting on, say, $2,500 for a
five year term at 6.77% and show how much interest accrues at year one, year
two, etc.?

Ike