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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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