Transparency CTHRU | Comptroller of the Commonwealth of ...
[Invoice Amount] * [Daily Interest Rate] * [# days from Payment Due Date to Scheduled Payment Date. For an invoice of $2,500 due on July 1, 2020 that was not on the warrant for payment until August 10, 2020 (40 days past due) the calculation is as follows: [$2,500.00] * [0.00000068] *[40] =$0.68 late payment interest due. ................
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