Is there an easy way to "double check," the amount of interest one should have received during a statement period? I know exactly all of the transactions i made during the period, and the rate that should have been paid.
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There's not really an easy way when you've got transactions going in and out. You could figure out the amount of money actually in your account for each day. Multiply each of those amounts by your actual (NOT compounded) rate/365 and then add those numbers together if you're desparate to double check. If there's a descrepancy you also have to account for the fact that when a transaction is "posted" and when it starts getting interest may not always be same. Also, if you bank compounds monthy (or continuously) instead of daily this number will be off too.
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