Tiered: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Added link to interest rate tiering) |
imported>Doug Williamson (Expand.) |
||
| Line 1: | Line 1: | ||
''Credit interest calculation''. | |||
Tiered interest is credited at higher rates on larger balances. | Tiered interest is credited at higher rates on larger balances. | ||
Revision as of 14:53, 28 January 2016
Credit interest calculation.
Tiered interest is credited at higher rates on larger balances.
The calculation may be stepped or banded.
