You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
Minimum payments can be a percentage of the balance. Thus the tool should allow entering a percentage as well as using a minimum amount and choose the greater of the two as the minimum payment.
Fox example, a balance of $2,230 and a minimum payment of the greater of $25 or 2%:
$2,230 * .02 = round( $44.60 ) => $45.00
Minimum payment would be $45 and not $25.
The text was updated successfully, but these errors were encountered:
Minimum payments can be a percentage of the balance. Thus the tool should allow entering a percentage as well as using a minimum amount and choose the greater of the two as the minimum payment.
Fox example, a balance of $2,230 and a minimum payment of the greater of $25 or 2%:
$2,230 * .02 = round( $44.60 ) => $45.00
Minimum payment would be $45 and not $25.
The text was updated successfully, but these errors were encountered: