07:57 May 31, 2021 |
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Serbian to English translations [PRO] Bus/Financial - Finance (general) / obračun kamate za docnju | |||||||
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4 | the simple interest formula |
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5 -1 | by applying a simple interest rate calculation on the due amount |
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the simple interest formula Explanation: Закон о затезној камати https://nbs.rs/export/sites/NBS_site/documents/propisi/zakon... Члан 6. Затезна камата, у смислу овог закона, обрачунава се за календарски број дана периодa доцње у измиривању обавеза у односу на календарски број дана у години (365, односно 366 дана), применом простог интересног рачуна од сто и декурзивног начина обрачуна, без приписа обрачунате затезне камате главници истеком обрачунског периода, према следећој формули: k = G × p × d , 100 × Gd где је: k – износ затезне камате, G – износ дуга, p – прописана годишња стопа затезне камате, d – календарски број дана доцње у обрачунском периоду, Gd – календарски број дана у години (365 – проста година, односно 366 дана – преступна година). As stated in the official translation of the Law on default interest rate by NBS: https://nbs.rs/export/sites/NBS_site/documents-eng/propisi/z... Article 6 Within the meaning of this Law, the default interest shall be calculated for the number of calendar days in default relative to the number of calendar days in a year (365 or 366), by applying the simple interest formula and the decursive method and without accruing the default interest to the principal after the expiry of the accounting period. The following formula is applied: k = G × p × d , 100 × Gd where: k – default interest, G – debt amount, p – prescribed default rate per annum, d – number of calendar days of default during the accounting period, Gd – number of calendar days in a year (365 days – common year, 366 days – leap year). https://nbs.rs/export/sites/NBS_site/documents-eng/propisi/zakoni/mon_default_interest_rate.pdf https://nbs.rs/export/sites/NBS_site/documents/propisi/zakoni/mon_zatezna_kamata.pdf |
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27 mins confidence: peer agreement (net): -1
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