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.
EXPLANATION: Since the interest for 1 year is 0%, the interest for 2 months or 60 days is 1% and the interest for 6 days is 1/10 of that for 60 days, or .1%. Taking the given example, the time is divided as shown. Each 60-day period earns 1% or $5.00 of interest.