It means that you have to have settled the bill within 30 days or interest charges will be applied and legal action taken.
There are a variety of places to check for the best zero interest credit card online. Most of them offer 12 months zero interest some more from 13-18 months. Discover card and Bank of America offer really good credit cards and usually with free balance transfers for old credit cards you may want to move to zero interest. You can usually apply for the zero interest cards online.
In these days of less inflation, deposits in several banks may be zero or even negative. i.e. there is no interest paid, or in the case of some Swiss banks, they actually charge you for keeping your money!
Credit, in its most basic sense, is the loaning of currency or money and then being repaid the amount borrowed (with or without interest). When interest is charged, it generally reflects in whole or part the opportunity cost. In other words, if person A can invest amount X and get a return on investment of X+Y ("principle" plus "interest"), then the amount of interest (the "rate") that might be charged by person A loaning person B the principle should be at least the opportunity cost. In the real world, if you borrow some money from someone or some company, and you have to pay it back, you are being extended credit. Since currency and money have a time value (you generally pay less interest rate for longer loan periods), if a company extends you "terms", this means you have some number of days to pay the bill. This is a form of credit. Typical terms are Net 30 (pay within 30 days), 2-10, Net 30 (pay within 10 days and you can take 2% off, otherwise pay within 30 days), and so on. Alan R. Weiss NetPlanetNews Economics Editor
the Prompt Payment Act
t= numbers of days ordinary interest= Pr no. of days/ 360 days exact interest= Pr no. of days/ 365 days
Yes. You can water your plants with sprite zero, and - like with any other soda that is carbonated and contains high fructcose corn syrup - your plant will be dead within a couple of days
Yes they are called "flooring program's, essentially you pay interest an cars that are not sold within ninety days.
US Bank Visa Platinum Card has a 0% interest balance transfer, but it is only available within the first thirty days of opening a credit card account.
Zero years, zero days.
within two days so you dont seem too anxious, but not too late, because he/she might lose interest.
The answer is 1200.00 dollars in interest on that loan of 20000.00 for 50 days at 6 percent interest.