|
|
| *Loan,banking and credit>>>credit line |
Calculatine interest on a line of credit in which the balance changes daily & the interest compounds daily? |
Calculatine interest on a line of credit in which the balance changes daily & the interest compounds daily? Just recalculate it each day and compound it again with the new balance that got taken over from yesterday. Banks typically use 360 days you can use that when compounding. If the balance is really changing daily, you can probably contact the bank once in a while to sync and make sure you're calculating them correctly. |
| Tags |
| credit application credit bureau credit check credit counseling credit debt credit line credit repair credit report credit score credit card online bad credit loan |
SiteMap--Copyright/IP Policy--Contact Webmaster For personal non-commercial use only. |