Minimum repayment amount = unpaid part of the minimum repayment amount in the previous period+accumulated unpaid expenses+accumulated unpaid interest+excess+accumulated unpaid cash principal+accumulated unpaid consumption principal+10%.
Late payment fee = (minimum repayment amount-repayment amount) *5%
The calculation of revolving interest is based on the amount of each transaction on the bill as the interest-bearing principal (including general consumption, cash advance transactions, interest and various expenses), and the interest-bearing days from the date when the account is paid off, with the interest rate of five ten thousandths per day. The interest on revolving credit will be listed in the next bill.
(1) If RMB 935.26 is repaid in full before 23rd, the circulating interest on the statement on 5th next month =0 yuan.
(2) If only the minimum repayment amount 100 yuan is paid before 23rd, the circulating interest on the statement on 5th of next month is:
Suppose your consumption amount is 935.26 yuan, and the consumption date is the 30th of this month.
935.26 yuan ×0.05%×24 days (May 30-June 23)
+(935.26-100) × 0.05 %×13 days (June 23-July 5)
————————————————————————————
= 16.65 yuan
The interest before the final repayment date is calculated according to the total consumption of the current period, and the interest and compound interest are gradually calculated according to the consumption date after the final repayment date. My calculation method is rather general, you just need to understand the general meaning. Of course, this is just a calculation method, and you need to calculate the specific time yourself. I just assumed your consumption time, and at the same time assumed that your multiple consumption was a single consumption, but the total amount did not change.
P.S. I'm not a professional accountant in a bank. I'm just saying something based on my own experience. If there is any discrepancy, please ask the professionals downstairs to supplement and correct it for me. Thank you.