Hi there, little confused about the last response. It was mentioned that 10 percent of 300.00 was $2.50. Actually, it would be 30.00, but aside from that, DES is supposed to charge 10 percent per annum. Which means each months balance due would be multiplied by. 0084 (. 0084 multiplied by 12 equals 10 percent). So... Still a little confused. Anyone else have any input?
Oh... And by the way, I noticed the remark implying that this account belonged to me (not paying for 8 years). Not that it matters, but this is not my case (I don't even have any kids). I'm actually researching this for someone I know.
Anyway, help would be great! Thanks to all that have given me feedback thus far. I really do appreciate it.
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