Adjusted Balance Method

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Dictionary Says

Definition of 'Adjusted Balance Method'

A finance/accounting method where costs are based on the amount(s) owing at the end of the current time period (once credits and payments are posted).
Investopedia Says

Investopedia explains 'Adjusted Balance Method'

Most savings accounts use this system. Interest earned in the account is calculated at the end of the month once all the transactions have been posted.

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