Examples of Total Balance in a sentence
The initial payment totaling 15% of the agreed upon Total Balance is due with acceptance of rental agreement.
However, if the Total Balance is less than the above calculated amount, then the Minimum Payment Due equals the Total Balance.
We use the formula above to make this calculation, but we subtract the financing plan balance or balances from the Total Balance.
The aggregate amount of outstanding balances in the Accounts which were delinquent as of the end of the day on the last day of the related Monthly Period: Aggregate Percentage of Account Total Balance Receivables ------- ----------- (a) 35 - 64 days:.
Starting July 30, 2021, your “Minimum Payment Due” equals the greater of: • The sum of $25 and any past due amounts; or • The sum of (i) 1% of the Total Balance (excluding any unpaid Daily Cash Adjustments), plus (ii) any unpaid Daily Cash Adjustments, plus (iii) any interest billed to your Account during that month.