Looking for a simple interest template

  • Thread starter Homeowners association treasurer
  • Start date
H

Homeowners association treasurer

Our Homeowners association charges simple interest on outstanding accounts.
Some members utilize a payment plan and consequently have a credit balance on
which we do not pay interest. I need to be able to accomodate the requirement
to keep a separate balance owed for interest calculation purposes, as well as
an overall balance owed including interest.
 

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