This article has been adapted from specific stair and railing specifications that are similar among codes and countries (but not identical). -- IBC, IRC, BOCA, Kingston NY Stair Code, New York State Residential Building Code for Stairs (included here), Florida, Pennsylvania, New Jersey, & other sources.
Average APY. According to CNN Money, the average annual percentage yield on a savings account in the United States was just 0.06 percent in 2013. This means that if you nested away $100,000 in the average savings account, it would net you an additional $60 in interest over the course of one year.
Interest rates: Savings Accounts give interest on the money deposited in them. The interest is calculated on the minimum balance kept in the account on a daily basis. The interest rates applicable on these accounts vary from bank to bank. Earlier, the savings account rates were regulated by RBI at 4%. But after de-regulation in 2011, banks are now free to offer their own rates.