Method and system for managing interest rate calculations
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United States of America Patent
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May 28, 2013
Grant Date -
Nov 8, 2012
app pub date -
Jul 17, 2012
filing date -
Apr 16, 2007
priority date (Note) -
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status (Latency Note)
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Abstract
A data processing method and system for managing interest rate calculations includes a data storage device storing data indicative of an account value of an investment product and a computer configured to determine a current value of an adjustable interest rate, compare the adjustable interest rate to a fixed guaranteed minimum interest rate, and determine whether to apply the adjustable interest rate or the fixed guaranteed minimum interest rate to the investment product account value to determine a value to credit to the account.
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