Interest Calculation Simulation For Credit Card Transaction*

Billing Date

: 14 Sep 09

Due Date

: 06 Oct 09

Interest Rate (%)

42.00

Days per Year

360

Opening Balance

1,117,588,-

Total Payable

111,759,-

No

Description

Total

Start Date

End Date

Total Days

Interest Payable

1

Purchases

Rp

126.280,-

24 Jul 09

5 Sep 09

44

Rp

6,482.37,-

2

Interest Charge

Rp

68.763,-

15 Aug 09

5 Sep 09

22

Rp

1,764.92,-

3

Payment Fee

Rp

5.000,-

15 Aug 09

5 Sep 09

22

Rp

128.33,-

4

Government Stamp

Rp

6.000,-

15 Aug 09

5 Sep 09

22

Rp

154.00,-

5

Opening Balance

Rp

911.545,-

15 Aug 09

5 Sep 09

22

Rp

23,396.32,-

6

Closing Balance

Rp

1.005.829,-

6 Sep 09

14 Sep 09

9

Rp

10,561.20,-

7

Interest Charge

Rp

42,487.15,-

1

(126.280 x 42% x 44/360)

5

(911.545 x 42% x 22/360)

2

(68.763 x 42% x 22/360)

6

(1.005.829 x 42% x 9/360)

3

(5.000 x 42% x 22/360)

7

(6,482.37 + 1,764.92 + 128.33 + 154.00 + 23,396.32 + 10,561.20)

4

(6.000x 42% x 22/360)