12.683%
GAZETTE D95AA
The Banking Services ( Deposit Taking Institutions ) ( Customer Related Matters ) Code of Conduct, 2016
12.683% example 2 a deposit account pays 5 percent per annum compounded quarterly. applying the formula: bair =(1+.05/4)- 1 eair =0.050945 or 5.0945% issued this 30th day of august, 2016. brian wynter, cd, supervisor. printed by jamaica printing s
Page 18 of 18
Section 29