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Campus Solutions - PSFT (MOSC)

fee in payment plan

Oct 24, 2017 12:55PM edited Nov 3, 2017 5:01AM in Campus Solutions - PSFT (MOSC) 2 commentsAnswered

How is the calculation of the rate when "Type of Assessment" is "Monthly Interest Rate"?

Value

Monthly Interest Rate: 2%

Amount: 817.02

Payments: 3

Result in:

Instalment 1: 272.34

fee: 10.96

Instalment 2: 272.34

fee: 10.96

Instalment 3: 272.34

fee: 10.97

What is the memory of this calculation?

Tagged:

Student Financials

0

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