0
A pro rated refund of an annual membership might be paid back according to how many months have not expired, so a pro rated return after 6 months would be half the annual rate, after 10 months only 1/6 would be refunded, etc. Property taxes (t) of a property being sold are pro rated by the number of days (x) of the tax year up to the transfer date, so the seller pays the share accrued before the sale (x/365)t and the buyer pays the remainder ((365-x)/365)t.
Wiki User
∙ 17y ago
Add your answer:
Earn +20 pts
How do you prorate interest?
how do I prorate interest in a closing statement
What is a prorate sheet?
A prorate sheet is something that lists prices of items before a definite price has been set. This price will last for whatever set amount of time you want even if the price of the item does increase.
How would you prorate the following I have 15 days of vacation time a year used 4 now I am leaving and will receive prorate remaining time at 42 percent what do you get?
A fraction over 4 1/2 days.
How do you prorate grades?
What is the prorated amount for 8 days if the monthly cost is $1,231.50
How do you prorate minutes?
The answer depends on what you wish to pro rate them to: seconds, hour, years?
How is the term prorate properly defined?
It means to divide, distribute or assess proportionately. It is a verb and an example sentence would be "The player's annual salary was prorated because he only played for the last three months of the season."
What is another word for prorate?
Distribute, divide or share, and antonyms for those words as well.
How do you prorate vacation time?
I NEED A FORMULA TO PRO RATE VACATION HOURS ACCUREDi
How is short rate calculated in insurance?
Short rates represent a penalty for terminating a policy at other than the company's request. For example if the company were to cancel a policy at its request the prorate refund would be .507 of the annual premium at day 180 (1/2 year) The short rate refund on the same premium would be .400 at day 180. As you can see it is about 10% penalty. Example: on a $1000 premium you would get $507 back prorate but only $400 back on short rate. Hope that helps.
How do you calculate pro rate bonus?
To calculate pro rata bonus percentages you need to determine how you want to prorate the amount and how much you need to prorate. Online pro rata calculators are the easiest way to calculate percentages.
Template regarding ask to someone to prorate his service?
Liquor. Lots of Liquor. Rince. Repeat.
Can you cancel an extended warranty?
If it is with a reputable company - may have to pay a service charge or prorate the time it was in force.
