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Billing - Help - Refund Calculation Example
 
Beginning date of new service period: February 15, 2006
Service term: one year
Amount paid: $180.00
Cancellation date: May 10, 2006
Refund due: $105.00
Months of service = 3
 
Amount due for service provided : 3 x $20.00 = $60.00 + cancellation fee of $15.00 = $75.00
 
Amount of last payment = $180.00 less amount due for service provided $75.00 = $105.00
 
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