I RECENTLY SUBMITTED A QUESTION REGARDING CALCULATION OF FINANCE CHARGES... HOWEVER I HAVE SEVERAL INVOICES GOING OUT TO A YEAR. STATE LAW PROHIBITS FINANCE CHARGES TO GO PAST ONE YEAR. WHAT WOULD BE THE CALCULATION TO SCALE THE ADDITIONAL FINANCE CHARGE EACH THIRTY DAYS
30,60,90,120,150,180,210,240,270,300,330, AND 360.
I ORIGINALY THOUGHT AN IF WITHIN AN IF, AND SO ON, IT DOESN'T SEEM TO WORK OUT.
ANY HELP WOULD BE APPRECIATED.