Posted by cool hand on February 17, 2017 at 15:43:57 from (98.158.221.209):
In Reply to: Any math whizzes here posted by Eldon (WA) on February 17, 2017 at 10:56:22:
Old Retired Banker here. There are several ways that interest is calculated. It could be specified in your contract. Simple monthly interest @ 6% would be 0.5% on the unpaid balance each month. It could also be calculated on a daily basis--360-day year or 365 day year, number of days on unpaid balance X a pre-determined daily factor, (e.g. 0.0001643 for 365 day basis). Fifty-sixty years ago we used the simple monthly formula.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Engine Basics: Spark Plug Cleaning - by Staff. Cleaning procedures: Brush or blow dirt from around the spark plug base. Remove the plug with a correctly fitted wrench. Examine the porcelain insulator and points. If the insulator appears to be melted or blistered, cracked or broken, and the points seem unduly burned it is evident that the plug is operating too hot and it should be replaced with a colder plug. If the plug is fouled excessively with carbon it apparently is operating too cold and it should be replac
... [Read Article]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
