People with eating disorders take such concerns to extremes, developing abnormal eating habits that threaten their well-being and even their lives. This question-and-answer fact sheet explains how psychotherapy can help people recover from these dangerous disorders.
The interest on balance in your PPF account is compounded annually and is credited at the end of the year. But the point to remember is that the interest calculation is done every month: the interest is calculated on lowest balances in account between 5th and the last day of the month.
Student loan interest is typically compounded daily. That means your interest rate is divided by the number of days in the year and you are charged each day based on the outstanding balance. To understand how compound interest works, letâs look at an example.