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working out interest on charges
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
Comments
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Are you doing the bank charge reclaim thing!? there is a interest calculator on here - just go to the reclaim bank charges article on the home page and it is on there - just enter the date it was charged and the amount and it does it all for you and then you can just print off a list of them all. However, if thats not what you are talking about then please just ignore this!!!:o0
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