Fees Calculations. The basis point rates listed above are annual charges. Note, however, that custody fees are calculated and billed semi-annually. Thus, your Account’s semi-annual custody fee is determined by multiplying the value of the Assets held in your Account on each day Assets are in Your Account during the half calendar year by the annual rate stated above for the service You have selected, with the result divided by 365 to yield the daily custody fee. The fee for each day in the half year is then summed to yield the correct semi-annual custody fee. The value of Assets held in your Account each day is the sum of the individual daily values of all precious metal bullion (determined by multiplying by the number of ounces of each metal type by the daily spot price for that metal each day, determined by applying an “Exchange for Physicals” factor to the price for the Comex and Nymex nearby futures month, the common industry practice to determine the daily spot price of each metal type), plus the fair market value of any rare coins or other tangible assets that may be held in your Account. Please note that Asset value for weekends and holidays is the value determined for the business day immediately preceding the weekend or holiday, as described above. Notes:
Examples of Fees Calculations in a sentence
Fees Calculations The nursery is open for 51 weeks of the year with the exception of bank holidays and the occasional staff training day.
Distance Learning Fees: Calculations and Considerations.” Office of Distance Learning, Florida State University.http://distance.fsu.edu/docs/admin_docs/DistanceLearningFees.pdfSECTION II: DEVELOPING AND FUNDING AMASSIVE OPEN ONLINE COURSE INTRODUCTION AND BACKGROUNDMassive open online courses, or MOOCs, are a recently developed format through which to offer online learning.
Account Holder Initial(s) / / Fees Calculations: The basis point rates listed above are annual charges.