AER projection vs What interest was actually paid


So say a savings account doesn’t go below £12k for the first 2 months then increases for the remainder of the year to at least £25k. It has an AER of 0.7% calculated daily paid annually.

Even if the account stayed at 10k all year, I assume the interest paid should be £70?

Based on the account description above can anyone explain why the interest paid for the year was just shy of £8.

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