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If A Late Fee Is 10% Per Annum, How Is That Calculated On A Monthly Basis?
Our condo assoc. Bylaws indicate we can charge 10% per annum for late fees. The fees are $140 per month. If the 1st unpaid month late fee is $14 making the balance $144. If not paid the next month...
in Personal Finance asked 2 years ago - 3 answers
