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working out interest on charges
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deltanineit
Posts: 13 Forumite
hi,
how have people found the best way to work out there charges and interest gained on them. i had a charge of £15 back on 14/09/01 and have worked out that i was getting interest at x1.03425 per month. now i have a mathematical block as to how i will work that out over the following 70 months the interest has been charged. obviously i could repeat the calculation 70 times but that will take a long time with every charge!
it is probably very simple but i cant think it out.....
also what does re-class credit adjust mean?
thanks for any help
how have people found the best way to work out there charges and interest gained on them. i had a charge of £15 back on 14/09/01 and have worked out that i was getting interest at x1.03425 per month. now i have a mathematical block as to how i will work that out over the following 70 months the interest has been charged. obviously i could repeat the calculation 70 times but that will take a long time with every charge!
it is probably very simple but i cant think it out.....
also what does re-class credit adjust mean?
thanks for any help
0
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There is a link through the Reclaiming Forum that will enable you to work it out!0
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