SOLUTION: I am suppose to receive a payment of $950.00 on the first of the month but do not receive payment until the 28th or 29th of the month. Payment plan says Statutory rate of 9% on any
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-> SOLUTION: I am suppose to receive a payment of $950.00 on the first of the month but do not receive payment until the 28th or 29th of the month. Payment plan says Statutory rate of 9% on any
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Question 878659: I am suppose to receive a payment of $950.00 on the first of the month but do not receive payment until the 28th or 29th of the month. Payment plan says Statutory rate of 9% on any unpaid balance from the due date. So how do I figure out what they owe for interest. Answer by rfer(16322) (Show Source):
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