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    Overdraft Calculator

    Uploaded by

    karz03160
    This document is an overdraft calculator that tracks the daily balance, interest charged, and accumulated interest over a 30 day period for an account with an initial balance of $10,000 and loan amount of $20,000. It shows transactions of $3,000 deposited on day 1 and $1,000 withdrawals on days 3, 13, and 23, and calculates the daily and accumulated interest based on an annual interest rate of 6.75% per day of 0.0185%.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd

    Overdraft Calculator

    Uploaded by

    karz03160
    85 views2 pages
    This document is an overdraft calculator that tracks the daily balance, interest charged, and accumulated interest over a 30 day period for an account with an initial balance of $10,000 and loan amount of $20,000. It shows transactions of $3,000 deposited on day 1 and $1,000 withdrawals on days 3, 13, and 23, and calculates the daily and accumulated interest based on an annual interest rate of 6.75% per day of 0.0185%.

    Copyright

    © Attribution Non-Commercial (BY-NC)

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    XLS, PDF, TXT or read online from Scribd

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    This document is an overdraft calculator that tracks the daily balance, interest charged, and accumulated interest over a 30 day period for an account with an initial balance of $10,000 and loan amount of $20,000. It shows transactions of $3,000 deposited on day 1 and $1,000 withdrawals on days 3, 13, and 23, and calculates the daily and accumulated interest based on an annual interest rate of 6.75% per day of 0.0185%.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    85 views2 pages

    Overdraft Calculator

    Uploaded by

    karz03160
    This document is an overdraft calculator that tracks the daily balance, interest charged, and accumulated interest over a 30 day period for an account with an initial balance of $10,000 and loan amount of $20,000. It shows transactions of $3,000 deposited on day 1 and $1,000 withdrawals on days 3, 13, and 23, and calculates the daily and accumulated interest based on an annual interest rate of 6.75% per day of 0.0185%.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    You are on page 1of 2

    Overdraft Calculator (for 1 month)

    Created by : http://www.bebas-hutang.com
    Note : Edit into yellow color box only

    Loan amount : 20000


    Balance in OD account : 10000
    Int per annum : 6.75%
    Int per day : 0.0185%

    Outstanding Daily Accumulated


    Day In Out
    Balance Interest Interest
    1 3000 7000 1.29 1.29
    2 7000 1.29 2.59
    3 1000 8000 1.48 4.07
    4 8000 1.48 5.55
    5 8000 1.48 7.03
    6 8000 1.48 8.51
    7 8000 1.48 9.99
    8 8000 1.48 11.47
    9 8000 1.48 12.95
    10 8000 1.48 14.42
    11 8000 1.48 15.90
    12 8000 1.48 17.38
    13 1000 9000 1.66 19.05
    14 9000 1.66 20.71
    15 9000 1.66 22.38
    16 9000 1.66 24.04
    17 9000 1.66 25.71
    18 9000 1.66 27.37
    19 9000 1.66 29.03
    20 9000 1.66 30.70
    21 9000 1.66 32.36
    22 9000 1.66 34.03
    23 1000 10000 1.85 35.88
    24 10000 1.85 37.73
    25 10000 1.85 39.58
    26 10000 1.85 41.42
    27 10000 1.85 43.27
    28 10000 1.85 45.12
    29 10000 1.85 46.97
    30 10000 1.85 48.82
    Comment
    eg, Bank in monthly salary into OD account.

    eg, Withdraw for daily expenses.

    eg, Withdraw for daily expenses.

    eg, Withdraw for daily expenses.

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