View Single Post
Old 06-05-2007, 11:02 AM   #3
Recycles dryer sheets
 
Join Date: May 2007
Posts: 128
It looks like you got credit for the money being at Vanguard for 14 days. This is how you can calculate it.

3000*.00435= 13.05
Divided by 31(days in month) 13.05/31 = .42096
Times number of days Vanguard had money.42096*14= 5.89

The difference is probably in the .00435 starting figure. They may also use a 360 or 365 day year to calculate interest this will also make a difference.
Freein05 is offline   Reply With Quote