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March interest calculation
April 7, 2020
10:31 am
10:31 am
SaverJunior
Toronto
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March 16, 2018
March 16, 2018
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April 7, 2020
2:06 pm
2:06 pm
Norman1
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April 6, 2013
April 6, 2013
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The March interest credited to my LBC Digital HISA is okay.
The per-diem rate for the days in 2020 is the per-annum rate divided by 366, instead of by 365.
There were three different interest rates for time covered by the March 31 interest payment:
- 3.30% per annum for February 29
- 2.80% for March 1 to 13
- 2.25% for March 14 to 30
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