Examples of Total Interest in a sentence
Installment Balance Carried at Preferred Rate for Purchases Monthly fee % 0.85% Annual Interest Rate 19.99% Total Fee $145.15 Total Interest $154.08 Using the same assumptions as before, the effective Annual Percentage Rate (APR) is set out in the chart below.
Advance rental payment(s) $ $ $ Amount of each subsequent rental payment $ $ $ Total amount of rental payments $ (GST incl.) Interest & method of charging interest Interest Start Date Annual Interest Rate % fixed for the whole term of this contract Total Interest Charges $ Interest charges are calculated daily by multiplying the unpaid balance at the end of the day by a daily interest rate.
The Total Interest Charge for the Billing Cycle is the sum of the Interest Charges for each category.
Your Statement will include your previous balance, the current transactions on your account, the unused credit available under your Credit Limit, the new balances of purchases and cash advances, the new balance, the Total Interest Charges, other billed fees, and the Required Payment Due.
Installment Balance Carried at Preferred Rate for Purchases Monthly fee % 0.90% Annual Interest Rate 20.99% Total Fee $153.58 Total Interest $153.98 Using the same assumptions as before, the effective Annual Percentage Rate (APR) is set out in the chart below.