Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-10-10
2010-11-16
Poinvil, Frantzy (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S030000
Reexamination Certificate
active
07835962
ABSTRACT:
A method of providing an investment instrument with periodic principal payments. The method includes calculating an interest amount using a current holding amount and a current interest rate; adding the interest amount to the current holding amount to form a new holding amount; determining if the new holding amount is at least at an agreed-upon level; decreasing the current interest rate if it is determined that the new holding amount is not at least at the agreed-upon level; receiving a deposit from a customer; and adding the received deposit to the new holding amount to yield a new current holding amount. The customer is under a contractual agreement to make a series of periodic deposits over a term of the investment instrument.
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Brooks Cameron & Huebsch PLLC
Poinvil Frantzy
United Services Automobile Association (USAA)
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