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.
This idea of earning interest on interest is called compound interest. Forexample, if you invest S100 at 10% interest compounded annually, after one yearyou will earn S10 in interest, giving you a new balance of S110. The next yearyou will earn another 10% or S11, giving you a new balance of S121.