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jackbauer01
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Regarding the 'interest on penalties' column on the spreadsheet, could someone answer the following (I have looked for a similar thread but couldn't locate one):

 

I am putting my dates in as the last date of the period they are charging for and getting the balance from that date:

 

If I put for example the following in:

 

Int.Date Int.Charged Account Balance Interest On Penalties

4/02/2001 17.12 -837.65 £4.19

 

However, if I put that same detail in but with a date of 04/02/07 it comes out like this...

 

Int.Date Int.Charged Account Balance Interest On Penalties

04/02/2007 17.12 -837.65 £17.12

 

 

Why is that? It may make perfectly logical sense, but I am about to put my first claim letter into the bank and I feel I need to understand it.

 

Thanks

 

Jack Bauer 01 (!)

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