I have accounts that accrue interest at 1.5% per month, where the 
customer makes irregular payments in varying amounts. Can anyone 
recommend any software, shareware or commercial, to do the calculations?
   Here is what happens: Smith account, last billed ($500) 12/25/96. 
Smith paid $100 on 1/10/97, $25 on 1/23/97, and $40 on 2/12/97.
   Obviously, interest accrues from 12/25 to 1/10 on the full $500. From 
1/10 (or 1/11) to 1/23 interest accrues on $400.  From 1/23 (1/24) to  
2/12 interest accrues on $375, etc., etc.
   Thanks for the help!
P.S. Since I am not a regular reader of this echo, please email or 
netmail me, or contact me otherwise. Thanks!
Barry L. Kohler, P.O. Box L, Brunswick, ME 04011
voice: 207.729.5571--fax: 207.725.0968--email:barry.kohler@acornbbs.com
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