Sentences with phrase «monthly periodic»

Some cards use a monthly periodic rate, which means dividing the APR by 12.

We calculate a portion of the Interest Charge on your Credit Account by applying a Monthly Periodic Rate to the «Average Daily Balance of Purchases» on the Account (including new Purchases for which you do not have a grace period).

We calculate a portion of your Interest Charge by multiplying a Monthly Periodic Rate by your Average Daily Balance of Purchases (including new Purchases for which there is no grace period), and by multiplying a Daily Periodic Rate by your Average Daily Balance of Cash Advances (including new Cash Advances).

To determine the monthly periodic rate, divide the APR by 12 months, says Chase.

(3) Assume an institution calculates interest on the average daily balance for a quarter (for example, the calendar months of September through November), and provides monthly periodic statements covering calendar months.

For example, the monthly periodic rate is the cost of credit per month; the daily periodic rate is the cost of credit per day.

We modeled credit card payments and interest charges and calculated the interest charges on a month - by - month basis, using a monthly periodic rate to approximate interest charges (APR / 12).

The daily periodic rate and the monthly periodic rate are similar but also different enough that larger balances could lead to increased costs or...

Although many traditional term loans at the bank require a monthly periodic payment, some banks are requiring a more frequent periodic payment schedule.

We figure the finance charge on cash advances by applying the monthly periodic rate for cash advances to the average daily balance of cash advances (including current transactions) in your account during the billing period covered by your monthly periodic statements.

For each of your credit card accounts, we will send you a monthly periodic statement showing your outstanding balance at the beginning of the billing cycle («Previous Balance»), all payments and credits posted to your account, all charges and cash advances during your billing cycle, the amount of any finance charge, and your outstanding balance at the end of your billing cycle («New Balance»).

The initial annual purchase percentage rate and monthly periodic rate used to calculate the finance charge may be «discounted.»

The current annual percentage rates and monthly periodic rates will be provided on the monthly periodic statements that we send to you, and they may be obtained by calling us.

Your monthly periodic rates are computed by dividing the annual percentage rates by 12.

We multiply this average daily balance by the monthly periodic purchase rate in effect at the close of your billing period to determine your finance charge for Purchases and Other Charges for the billing period.

We multiply this average daily balance by the monthly periodic balance transfer rate in effect at the close of your billing period to determine your finance charge for balance transfers for the billing period.

Unless you pay the total New Balance by the Payment Due Date, a finance charge will be imposed on Purchases and Other Charges («Purchases Balance») on your next monthly periodic statement.

This section shows how your interest was calculated using your balance, monthly periodic rate, and any cash advance fees.

We figure the finance charge on balance transfers by applying the monthly periodic rate for balance transfers to the average daily balance of balance transfers (including current transactions) in your account during the billing period covered by your monthly periodic statements.

On your monthly periodic statement we will disclose to you the total finance charge assessed for the billing period (the sum of the finance charge for cash advances and balance transfers and the finance charge for purchases and other charges including the fee described in the «International Transactions» paragraph), your daily balances for cash advances and balance transfers and purchases and other charges, the monthly periodic rates used to compute your finance charges and the corresponding annual percentage rates.

Similarly, the monthly periodic rate is the APR divided by 12.

The finance charge for a billing cycle is computed by applying the monthly periodic rate to the average daily balance of credit purchases, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle.

The Finance Charge for a billing cycle is computed by applying the monthly Periodic Rate to the average daily balance of Credit Purchases which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle.

The monthly periodic interest rate is as easy as it sounds.

Banks arrive at the monthly periodic rate by dividing the APR by 12.

Other credit cards charge interest monthly by applying the monthly periodic rate to the average daily balance.

The daily periodic rate and the monthly periodic rate are similar but also different enough that larger balances could lead to increased costs or costs savings depending on which one is used.

Although many traditional term loans at the bank require a monthly periodic payment, some banks are requiring a more frequent periodic payment schedule.

Not exact matches

SquareSpace also offers robust benefits and perks, including 100 percent coverage of health insurance premiums, flexible vacations, attractive office space, catered meals, stocked kitchens, monthly celebrations, relaxation spaces and periodic guest lecturers.

Summarize your income and expenditure records on some periodic basis (generally daily, weekly, or monthly).

Periodic payments vary by lender and could include daily, weekly, or monthly payments.

The advent of daily or weekly periodic payments is a departure from a more traditional monthly payment approach.

Earth Mama Angel Baby's Organic Monthly Comfort Tea is now Earth Mama's Organic Periodic Tea!

For periodic news and events, sign up for our monthly e-newsletter, and for daily news and updates, like us and join the conversation on Facebook.

Periodic Licenses refer to Learning Management Systems that charge a monthly or yearly rate for hosting, whilst Perpetual Licenses have a singular one - off cost that guarantees use of the Learning Management System for as long as the client requires.

Subscribe to our Policy News You Can Use e-newsletter to receive monthly policy updates and periodic action alerts.

However, for those interested in apprenticing at one of our Texas academies in San Antonio or Irving, we provide teleconferencing for weekly courses, monthly seminars, and retreats, with periodic travel to Arizona for full - cohort activities.

So for the Federal Highway Administration, Federal Aviation Administration, Federal Railroad Administration, Maritime Administration, and the TIGER Discretionary Grants program administered by the Office of the Secretary of Transportation, we will use the same procedure to report monthly employment as we use to report employment for the periodic reports required by section 1201.

Not sure how to count Baen — I scoop up the monthly bundles, and make periodic forays to scoop up more books in a series that I've just discovered.

A car loan is an installment contract with fixed monthly payment amounts and a fixed number of periodic payments.

When money is loaned for 30 years, the mortgage agreement requires the borrower to make 360 periodic (monthly) payments to the lender.

The calculation is as follows: Monthly Interest Rate = Periodic Interest Rate x Number of Days in a Period

PayYourRent.com currently provides access to an Internet - based credit card and online electronic checking payment service to corporate affiliates, rental property owners, rental property managers (the «Participating Affiliates») and their respective residents or tenants («Tenants»), which facilitates various electronic payment services for monthly rents, periodic rents, application fees, security deposits, other deposits, condo fees, timeshare charges, fixed utility payments, other fixed payments and all other fees and charges related to leased space, fixed or variable (the «Service»).

For «home equity lines,» your lender also is required to send you a periodic statement, usually monthly.

MIP — Dividend Payout or Monthly Dividend option is to get periodic income.

Repayments are required in regular, periodic intervals of your choice, but can not be made more often than every 14 days and no less than monthly.

That can occur when you rely heavily on one or two credit cards, when your monthly expenses increase, or when you need to make periodic large purchases.

The ANNUAL PERCENTAGE RATE and Periodic Rate applicable to your account will be disclosed on the Rate and Fee Disclosure accompanying the Agreement and shown on each monthly statement.

The «Total Interest Charge» shown on your monthly statement consists of the periodic Interest Charge on purchases, the periodic Interest Charge on cash advances.

Since being leveraged involves making monthly interest payments to someone, it is really nice if your investment is one that generates periodic cash - flow for you because it will help you to make your interest payments.