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Fair deal calculation

Payton · 2025-04-03 08:00:05

Fair deal is due to be paid for a deceased family member that passed away a number of years ago after some legal disputes. The calculation of interest charged at 0.0219% per day after the death on top of the initial fee. Maths not being my strong point how do I reach the total figure?

03-04-2025 09:00AM

#1

Payton

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Join Date: July 2008

Posts: 1430

Fair deal is due to be paid for a deceased family member that passed away a number of years ago after some legal disputes. The calculation of interest charged at 0.0219% per day after the death on top of the initial fee.
Maths not being my strong point how do I reach the total figure?

0

Comments

#2 08-04-2025 12:05AM

Joe1919

Registered Users, Registered Users 2 Posts: 1,186 ✭✭✭

Join Date: August 2007

Posts: 1150

0.0219% X 365 = 8%, so you are being charged an extra 8% per year. So I suppose a ballpark figure would be to add an extra 8% per year onto the bill.

0