Would you care to share the name of the institution that's providing that
*very* good interest rate?<g
--
Regards,
RD
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Please keep all correspondence within the Group, so all may benefit !
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"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
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