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How do banks calculate interest on your money and what is the maximum amount of money you can have in a US bank account?

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How do banks calculate interest on your money and what is the maximum amount of money you can have in a US bank account?
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You can have as much money in any bank as you want. However it is only FDIC insured up to 100K per bank. They calcultate interest by taking however much money you have x 1.0XX (XX being your interest rate) and thats how much interest you will make in a given year.
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most banks go by what the federal rate is to figure interest. if you have inherated a lot of money, try putting it into a CD or a Certificate of Deposit. The more you put into it the more interest it will earn!
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