Posted on: 20th Nov, 2010 08:31 am
I need to know the interest I am owed daily on $2,200 calculated at a rate of 10% per annum
Hi brombones,
You will have to find out the the daily interest rate that you will have to pay to the lender. Apart from this, you will also have to mention the number of days you are late in paying the rent. You can use the given calculator to calculate the amount:
"http://www.fms.treas.gov/prompt/ppcalc1.html"
You will have to find out the the daily interest rate that you will have to pay to the lender. Apart from this, you will also have to mention the number of days you are late in paying the rent. You can use the given calculator to calculate the amount:
"http://www.fms.treas.gov/prompt/ppcalc1.html"