If the deposit term is less than one year, the interest shall be calculated at the bank deposit rate; if the deposit term exceeds one year, the interest shall be calculated at the one-year bank time deposit rate.
The interest generated by the annual housing maintenance fund is included in the sum of the principal of the next year and the principal and interest at the end of last year, and automatically converted into the principal of the next year, which is what we usually call compound interest. Therefore, the interest of different housing maintenance funds will be different, and the interest of housing maintenance funds, like housing maintenance funds, is shared by all owners of the community.
What is Liu Wenli¡¯s profession?