Calculating Interest. Assume that you have a single interest rate of 15.99%, your ADB is $2,250 and there are 30 days in the billing period. The DPR is 15.99% divided by 365 days equals 0.0438% The Interest is $2,250 multiplied by 0.0438% multiplied by 30 days equals $29.57
Appears in 3 contracts
Sources: Card Member Agreement, Card Member Agreement, Card Member Agreement