This inventor holds 1 USPTO granted patent. Top assignee: Other. Active years: 1980.
Company Filing History:
1 out of 834,453 Years Active: 1980
Title: The Innovative Mind of Robert H Youden
Introduction
Robert H Youden is an accomplished inventor based in Palo Alto, CA (US). He is known for his innovative contributions to the field of financial technology. With a focus on maximizing interest earnings, Youden has developed a unique apparatus that addresses the needs of deposit account holders.
Latest Patents
Youden holds a patent for an "Apparatus for maximizing interest earnings and providing payments." This calculator apparatus is designed to compute minimum principal amounts for deposits into both demand (passbook) accounts and term (certificate-of-deposit) accounts that pay interest at varying rates. The invention ensures that the computed minimum principal amounts not only meet the minimum deposit requirements of term accounts but also provide maximum interest earnings and payments from principal without incurring the usual penalties associated with early withdrawals. The apparatus features a keyboard, a read-write memory, a logic unit, a printer, and a display unit. The logic unit includes an arithmetic unit with multiple data storage registers and a read-only memory containing a stored program. This innovative device computes the minimum principal amounts based on the stored program and user-entered data. Youden has 1 patent to his name.
Career Highlights
Throughout his career, Robert H Youden has demonstrated a commitment to innovation in financial technology. His work has significantly impacted how individuals manage their deposits and maximize their interest earnings.
Collaborations
Youden has collaborated with notable individuals in his field, including his coworker Charles S Robertson. Their partnership has contributed to the development of innovative solutions in financial technology.
Conclusion
Robert H Youden's inventive spirit and dedication to maximizing interest earnings have made him a significant figure in the realm of financial technology. His patented apparatus showcases his ability to blend technology with practical financial solutions.