payment calculations?
917597
5% of $1500= $75\n20% of $1500= $300
891042
The minimum payment on a credit card is calculated typically based on some percent of the balance or some minimum set, like $20, or $50.  \nSo, let's say the company sets $15 as the minimum payment or 5% of the existing balance (The credit card terms spell this out exactly and varies by company).  Let's also say the credit card has a 30 day "grace period" (which means you can pay off the current balance and pay no interest).  Let's also say the interest rate on the card is 20% (for simplicity):\n\nYou have a credit card with a $1,000 limit.\nYou charge $400 on it.  Your next statement would have the following:\nOutstanding Balance:  $400.00\nMinimium payment:  (5% = $20), so you payment would be $20 versus the $15; which is the company's minimum payment.\n\nIf you paid the $20, your outstanding balance would be reduced to $380.  If you charged nothing on it the next month, your next month statement would be:\n\nPrevious Balance:  $380\nInterest Charge:  ($380*20%) - $75\nNew Balance:  $455\nMinimum Payment ($455*.05) = $23.\nSo, if you pay the minimum payment each pay period, you may NEVER pay off the balance because the interest charged could be greater each month than the previous payment.  UGH! \nHOWEVER, provided you keep paying the minimum charges, you will be given a positive report on your credit rating.\n\nNow, let's talk about what you do.  \n\nMonth 1\nOutstanding Balance:  $400\nMinimum Payment:  $20\nYour Payment:  $200\nNew Balance:  $200.\n\nMonth 2 - no new charges\nPrevious Balance:  $200.00\nNew Charges:              0.00\nInterest Charged:    $ 40.00\n\nNew Balance:         $240.00\nMinimum Pay:         $  15.00 (5% is 12.00 so it's the higher of the two)\n\nAt that rate, you will pay the full balance in less than 3 months at $200 per month and would accrue a total of $48.00 over the 3 months.   \n\nNow, from a credit rating perspective:\n.  In the first scenario you would certainly get lots and lots of "good marks" for consistently paying your bill.  Over 12 - 15 months, this would look very "good" and you would have a much bigger balance that might be approaching your total limit.  Depending on your income, though, it wouldn't matter\n\n.  In the second scenario, you get "good marks" for paying on time for the 3 months you have an outstanding balance.  In 12 - 15 months, you would have that record but if you had not added other balances, etc, you would have no other credit 'history'.  \n\nA paradox?  You bet!  In the first scenario, you will actualy be much worse off in terms of your credit balance and the amount of interest you have paid on the $400.  In fact, it will be horrible.\nIn the second scenario, you will have minimized the interest, be in good financial shape, but you will not have the same "successful history".\n\nWhy is this?  Because credit is a number game (no pun intended).  Banks, Credit Card companies, etc. do not want everybody paying on time with high payments.  If people did that, they'd make less money.  Remember, a Bank sees a "deposit" as a liability and a Loan as an Asset (it's how they make money).   So, they often create weird incentives for people to screw up.  See, if you pay the minimum, they charge more interest.  If you go over your limit, they charge a big fee for doing it.  If you call, them, they may very well increase your credit limit or even be willing to issue you another card and give you a check so you can balance the payment (which they will then charge you a cash advance fee for and higher interest rate).  It's how they make money and how they get you sucked in to the point where you probably can't get out.  They have little risk because very often the actual charge against the cards were not that high, it's all the interest and fees you pay that kill you.\n\nSo, what do you do to build a good credit rating without ending up bankrupt and killing it?
1089687
Try this calculator, you can answer any question like that
897105
balance would be $84901.25
523467
yes, get a calculator
249879
Take $30.00 and subtract $.10 ($29.90)\nThen figure 80% of that, and the cost is the answer ($23.92)
689816
Between 44-45 payments.
496828
google search "amortize payments algorithm". I found both the monthly and semi-annual compound algorithms on this huge text file. Good luck on finding it.
1178079
Use a calculator.  It is 10845.25.
312698
Go to paycheckcity.com and then personal calculators on the left and then hourly paycheck calculator from the drop down. Works for me and is pretty accurate.
85567
Use this calculator, http://www.dinkytown.com/java/MortgagePayoff.html\n\nThe site has all kinds of different financial calculators.
839094
Multiply 15% times $8.39.\nTo make it easy, think of it as 10% plus 5%.\nYou can easily find 10% of $8.39. It's $.839, which is about 84 cents.\n\nAnd 5% is half as much as 10%, so that's another 42 cents.\n\nTotal tip = 84 + 42 = 126 cents, or $1.26.\nYou could call it $1.25, but generally you should round up, or even add something ... so anywhere from $1.25 to $1.50 would be OK. If you want to send a message about disappointing service, leave less than 15%. If you want to send a message about BAD service, leave less than 10% (even MUCH less). And if you want to send a message about exceptional service, leave more than 20%.\n\nThat's a lot of different percentages that you MIGHT have to calculate. But if you can do the very simple 10% calculation, you should be able to figure out any of the above-mentioned percentages.
534296
on behalf of the management the discount-conditions should be the same as all the others to keep the calculation-system in the compagny on the same level.\nyou should tell your supplyers (subcontractors) that from the 01.01.07 the following discount-charges are going to be given: 14 days 3%, 30 days net.\n\nmore or less.....
538111
yeah.....!!!! just calculate it!!! lol
829518
It depends on the amount you're starting from.  Take a calculator, input your current wage, then + 3.3 % = and you'll have your answer.
335474
If you're making monthly payments, they'd be $1,217.93, so a total of $3,653.79 for three monthly payments.\n\nIf you're making quarterly payments (one payment every three months) they'd be $3,663.21.\n\nI wasn't quite sure which you meant...
814007
To work out the exact figure would be very complicated, and would probably use natural logrithms i.e. the number e.\n\nTo work out an approximate figure, you could work out 10% of 250 you input in the first month, and then 11/12 of the same figure in month 2, and then 10/12 of the figure in month 3...... and then 1/12 of the figure in the last month. In Excel, this gives a figure of £162.50 which is like depositing £3000 outright in an account which pays 5.4% annual interest.\n\nRemember, when you open the account, you start with £250 and you'll get the full 10% of £250 in that year. In month 2, you will deposit another £250, and the interest for that £250 will be 11/12 of 10% as it will only be there for 11 months. Hope this makes sense.