The best way to handle this situation in a more professional way is to advice and tell the employee that his or her habit of being late had affected the department's ability. It is best to tell him or her that his or her presence is needed in order to get the job done and to be able to make the works or tasks that is being sent to the department more faster if he or she would come early and help with the other employees.
Interest is calculated as a <u>percentage of the principal</u>. With compound interest, the interest earned is <u>added back into the principle</u> so during the next period you start earning interest on the new, higher amount. Every time the interest compounds, it gets added into the principal and you earn more and more interest.
Example:
10% simple interest on $100:
(.1 * 100) +100 = 10 + 100 = $110
But if you do 10% interest compounding monthly for 3 months you have:
Month 1: (.1 * 100) +100 = 10 + 100 = $110
Month 2: (.1*110) +110 = $121
Month 3: (.1*121) + 121 = $133.10
Even with this simple example you can see how much more money is earned when your interest is compounded and added back into the principal.
Out-of-network ATM fee would end up costing you extra money assuming you have a TCF free student checking account.
<h3>What are ATMs and what do they do?</h3>
Automated teller machines (ATMs) are online financial services that let customers do transactions without visiting a bank location. While some ATMs are just straightforward cash dispensers, others support a range of services like check deposits, balance transfers, and bill payments.
<h3>How Are ATMs Operated?</h3>
Most of the time, using an ATM involves inserting a debit card, ATM card, or credit card into one of the machine's slots. No matter where the ATM is, it electronically links to your bank account over the internet or a phone connection.
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