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Template:Interest adjustment and interest transfer: Difference between revisions
Template:Interest adjustment and interest transfer (view source)
Revision as of 11:36, 18 January 2020
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Amwelladmin (talk | contribs) (Created page with " {{seealso}} *{{csaprov|Interest Amount (VM)}} *{{csaprov|Interest Payment (VM)}} *{{csaprov|Interest Adjustment}} (paragraph {{csaprov|5(c)(ii)(A)}}) *{{csaprov|Interest Tra...") |
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One might query whether “{{csaprov|Daily Interest Compounding}}” should apply. | |||
Interest compounds anyway at the end of each specified interest period (because it is paid out or added to the {{csaprov|Credit Support Balance (VM)}}, depending on which election you made at {{csaprov|11(g)(ii)}}. If that period is “daily” then there's nothing really to be gained by {{csaprov|Daily Interest Compounding}}. If the {{csaprov|Interest Period}} is longer than that, there may be — but in the present environment (which, as those of you who lived through the Weimar Republic<ref>NONE of you lived through the Weimar Republic, by the way.</ref> may recall, CAN MOST DEFINITELY CHANGE) — the thought of daily compounding 1/365th of the ''bugger all'' interest you're getting paid anywaymight seem like a fight it’s not worth dying in a [[ditch]] about<ref>Be assured, though - your [[Mediocre lawyer|lawyers]] will disagree.</ref>. | |||
{{ | {{sa}} | ||
*{{csaprov|Interest Amount (VM)}} | *{{csaprov|Interest Amount (VM)}} | ||
*{{csaprov|Interest Payment (VM)}} | *{{csaprov|Interest Payment (VM)}} | ||
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*{{csaprov|Daily Interest Compounding}} | *{{csaprov|Daily Interest Compounding}} | ||
*{{csaprov|11(g)(ii)}} | *{{csaprov|11(g)(ii)}} | ||
{{ref}} | |||