11.   The discount houses provide an important service to the banks by allowing them to hold extremely liquid assets which nevertheless earn interest.

12.   These dollars can then be placed on deposit and earn interest.

13.   Special deposits normally earn interest at a rate equivalent to the Treasury Bill rate.

14.   Also, he said, his savings were earning interest barely above the rate of inflation.

15.   And if recipients do not pick up the money immediately, the transferring company can earn interest on the funds.

16.   And someone else may earn interest on the money in your card.

17.   Banks and insurance companies buy government bonds as a safe investment and to earn interest on funds not used for other purposes.

18.   Banks report interest earned on savings accounts and paid on home mortgages.

19.   Banks try to hold as little capital as possible, while still meeting federal standards, because they earn less interest on this money than on their loans.

20.   Besides skipping capital gains taxes, the donor gets a tax deduction and the fund earns tax-free interest for further gifts, Kent said.