Home
E-Mail
Latest

Daily Balance at Math Glossary

What is it? Calculated to determine customers finance charge: Previous balance 1 Any cash advances 1 Purchases 2 Payments.

Mathematical Term Added By: Christopher

The Daily Balance definition has been viewed 279 Time(s)!




Send To Friends!

If you'd like to send the Daily Balance definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Daily Balance. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Mathematics Terms:

Math Terms Proceeds is Maturity value less the bank charge.

Math Terms System of Linear Equations is Set of equations of the first degree (e.g., x + y = 7 and x - y = 1 ). A solution of a set of linear equations is a set of numbers a, b, c, . . . so that when the variables are replaced by the numbers all the equations are satisfied. For example, in the equations above, x = 4 and y = 3 is a solution.

Math Terms ellipsoid is A solid figure whose equation is x2/a2+y2/b2+z2/c2=1.

Math Terms Contingent annuities is Beginning and ending dates of the annuity are uncertain (not fixed).

Math Terms Cone is A three-dimensional figure with a circular base and one vertex.