Comments for Value of Future Payments http://valueoffuturepayments.com Future Payments Value Advice Fri, 30 Jul 2010 04:42:28 +0000 http://wordpress.org/?v=2.9.2 hourly 1 Comment on how do you calculate net present value for continuous payments over many years?? by Kelley Anne http://valueoffuturepayments.com/how-do-you-calculate-net-present-value-for-continuous-payments-over-many-years/comment-page-1#comment-5696 Kelley Anne Fri, 30 Jul 2010 04:42:28 +0000 http://valueoffuturepayments.com/how-do-you-calculate-net-present-value-for-continuous-payments-over-many-years#comment-5696 I'm not sure what r is (I believe the rate of return or interest rate) but this is how to derive those problems. Let PV = Present value and i = annual interest rate. PV*(1+i) = 5[(1+i) + 1 + 1/(1+i)^2 + 1/(1+i)^3 + ... + ] PV = 5[1 + 1/(1+i) + 1/(1+i)^2 + 1/(1+i)^3 + ... + ] Now substracting the second equation from the first all terms drop out except PV*i = 5(1+i) Therefore, PV = 5*(1+i)/i Note: I assumed the first payment was at the beginning of the year, If at the end of the first year you would omit the first term Then PV*i = 5; PV = 5/i In that case if i= r = 0.04 then PV = 125 I’m not sure what r is (I believe the rate of return or interest rate) but this is how to derive those problems.
Let PV = Present value and i = annual interest rate.
PV*(1+i) = 5[(1+i) + 1 + 1/(1+i)^2 + 1/(1+i)^3 + ... + ]
PV = 5[1 + 1/(1+i) + 1/(1+i)^2 + 1/(1+i)^3 + ... + ]

Now substracting the second equation from the first all terms drop out except PV*i = 5(1+i) Therefore,
PV = 5*(1+i)/i
Note: I assumed the first payment was at the beginning of the year, If at the end of the first year you would omit the first term Then PV*i = 5; PV = 5/i
In that case if i= r = 0.04 then PV = 125

]]> Comment on Help with terminating my C loop? by Pete S http://valueoffuturepayments.com/help-with-terminating-my-c-loop/comment-page-1#comment-5695 Pete S Thu, 29 Jul 2010 13:13:32 +0000 http://valueoffuturepayments.com/help-with-terminating-my-c-loop#comment-5695 One other thing, do call exit, but don't make it exit(0); if your program stopped due to an error, it's customary to use an error code instead, even if its just exit(1); One other thing, do call exit, but don’t make it exit(0); if your program stopped due to an error, it’s customary to use an error code instead, even if its just exit(1);

]]> Comment on Help with terminating my C loop? by Lie Ryan http://valueoffuturepayments.com/help-with-terminating-my-c-loop/comment-page-1#comment-5694 Lie Ryan Thu, 29 Jul 2010 12:41:53 +0000 http://valueoffuturepayments.com/help-with-terminating-my-c-loop#comment-5694 call exit(0); or if you're on main(): return 0; call exit(0);

or if you’re on main(): return 0;

]]> Comment on Help with terminating my C loop? by optimus http://valueoffuturepayments.com/help-with-terminating-my-c-loop/comment-page-1#comment-5693 optimus Thu, 29 Jul 2010 12:25:55 +0000 http://valueoffuturepayments.com/help-with-terminating-my-c-loop#comment-5693 There is no loop here, so I have no idea what you're talking about. Try break; There is no loop here, so I have no idea what you’re talking about.

Try break;

]]> Comment on What is the present value equasion for momentary calculation of an option? by crapaudblanc http://valueoffuturepayments.com/what-is-the-present-value-equasion-for-momentary-calculation-of-an-option/comment-page-1#comment-5692 crapaudblanc Fri, 23 Jul 2010 20:41:21 +0000 http://valueoffuturepayments.com/what-is-the-present-value-equasion-for-momentary-calculation-of-an-option#comment-5692 Use Black Scholes model. and it does not calculate the option at expiration, you can use an holding time but also need the expiration and beta of the stock. Use Black Scholes model. and it does not calculate the option at expiration, you can use an holding time but also need the expiration and beta of the stock.

]]> Comment on Are my retirement 5 year buy in calculations correct? by spicertax http://valueoffuturepayments.com/are-my-retirement-5-year-buy-in-calculations-correct/comment-page-1#comment-5691 spicertax Fri, 23 Jul 2010 05:28:05 +0000 http://valueoffuturepayments.com/are-my-retirement-5-year-buy-in-calculations-correct#comment-5691 Correct. Correct.

]]> Comment on Using the formula P = F/ (1 + i )n calculate the present value of an investment that will yield $12000? by jdsheth2004 http://valueoffuturepayments.com/using-the-formula-p-f-1-i-n-calculate-the-present-value-of-an-investment-that-will-yield-12000/comment-page-1#comment-5686 jdsheth2004 Sat, 17 Jul 2010 13:40:27 +0000 http://valueoffuturepayments.com/using-the-formula-p-f-1-i-n-calculate-the-present-value-of-an-investment-that-will-yield-12000#comment-5686 P = the Present value of the money=? F = the Future value of the money=$12000 i = the interest rate=10% n = the period that the investment is held=15YEARS P = F/ (1 + i )^n P=12000/(1+.10)^15 P=12000/(1.1)^15 P=12000/4.177248 P=12000*0.2394 P=2872.70 IS the present value of an investment that will yield $12000 AFTER 15 YEARS AT AN ANNUAL INTEREST OF 10%. P = the Present value of the money=?
F = the Future value of the money=$12000
i = the interest rate=10%
n = the period that the investment is held=15YEARS

P = F/ (1 + i )^n
P=12000/(1+.10)^15
P=12000/(1.1)^15
P=12000/4.177248
P=12000*0.2394
P=2872.70 IS the present value of an investment that will yield $12000 AFTER 15 YEARS AT AN ANNUAL INTEREST OF 10%.

]]> Comment on Using the formula P = F/ (1 + i )n calculate the present value of an investment that will yield $12000? by I ♥ AUG http://valueoffuturepayments.com/using-the-formula-p-f-1-i-n-calculate-the-present-value-of-an-investment-that-will-yield-12000/comment-page-1#comment-5685 I ♥ AUG Sat, 17 Jul 2010 13:13:39 +0000 http://valueoffuturepayments.com/using-the-formula-p-f-1-i-n-calculate-the-present-value-of-an-investment-that-will-yield-12000#comment-5685 Thanks for posting your full question here, it makes it easier to answer! :) In this formula, P = the Present value of the money F = the Future value of the money i = the interest rate n = the period that the investment is held So you know F (12,000), i (.10) and n (15), so you just plug them into the formula to solve for P, as follows: P = 12,000 / (1+.10)^15 { Note that you need to raise (1+i) to the power of n; you didn't have that in your original question, so I don't know if that was what was messing you up or not } P = 12,000 / 1.1^15 P = 12,000 / 4.177248169 (rounded) P = 2,872.70 Hope that helped you out! Let me know if you still have questions. Thanks for posting your full question here, it makes it easier to answer! :)

In this formula,
P = the Present value of the money
F = the Future value of the money
i = the interest rate
n = the period that the investment is held

So you know F (12,000), i (.10) and n (15), so you just plug them into the formula to solve for P, as follows:

P = 12,000 / (1+.10)^15

{ Note that you need to raise (1+i) to the power of n; you didn’t have that in your original question, so I don’t know if that was what was messing you up or not }

P = 12,000 / 1.1^15

P = 12,000 / 4.177248169 (rounded)

P = 2,872.70

Hope that helped you out! Let me know if you still have questions.

]]> Comment on math of investing spreadsheet? by Nelson_DeVon http://valueoffuturepayments.com/math-of-investing-spreadsheet/comment-page-1#comment-5683 Nelson_DeVon Fri, 16 Jul 2010 22:29:29 +0000 http://valueoffuturepayments.com/math-of-investing-spreadsheet#comment-5683 If you have investments that pay 12% yearly and they pay dividens quarterly you could adjust the formula by dividing the interest by 4 and then multiply g3 by 4. This will show more the benefit of compounding. If you have investments that pay 12% yearly and they pay dividens quarterly you could adjust the formula by dividing the interest by 4 and then multiply g3 by 4. This will show more the benefit of compounding.

]]> Comment on How to find the present value of this problem? by Valithor http://valueoffuturepayments.com/how-to-find-the-present-value-of-this-problem/comment-page-1#comment-5680 Valithor Sun, 11 Jul 2010 04:51:26 +0000 http://valueoffuturepayments.com/how-to-find-the-present-value-of-this-problem#comment-5680 If you wish to have $500 in 2 years time (the future value), then the "present value" of this amount will be the value that is required to be invested now at 5% compounding quarterly so that it will reach $500 in 2 years time. You need to use the compound interest formula: A = P(1 + r)^n where A is the final amount, P is the present value, r is the interest rate per period, and n is the number of periods. For this question: 500 = P(1 + 0.05/4)^8 500 = P(1.0125)^8 500 = 1.1045P P = 452.70 You will need to invest $452.70 (the present value) in order to have a future value of $500. If you wish to have $500 in 2 years time (the future value), then the “present value” of this amount will be the value that is required to be invested now at 5% compounding quarterly so that it will reach $500 in 2 years time.

You need to use the compound interest formula:
A = P(1 + r)^n

where A is the final amount, P is the present value, r is the interest rate per period, and n is the number of periods.

For this question:

500 = P(1 + 0.05/4)^8

500 = P(1.0125)^8

500 = 1.1045P

P = 452.70

You will need to invest $452.70 (the present value) in order to have a future value of $500.

]]> Comment on An increase in the risk associated with a future stream of cash should result in an increase in the discount? by Edward G http://valueoffuturepayments.com/an-increase-in-the-risk-associated-with-a-future-stream-of-cash-should-result-in-an-increase-in-the-discount/comment-page-1#comment-5679 Edward G Sat, 10 Jul 2010 15:03:42 +0000 http://valueoffuturepayments.com/an-increase-in-the-risk-associated-with-a-future-stream-of-cash-should-result-in-an-increase-in-the-discount#comment-5679 True. True.

]]> Comment on How do I find a formula for future and present values? by imalterud04 http://valueoffuturepayments.com/how-do-i-find-a-formula-for-future-and-present-values/comment-page-1#comment-5677 imalterud04 Sun, 04 Jul 2010 22:02:33 +0000 http://valueoffuturepayments.com/how-do-i-find-a-formula-for-future-and-present-values#comment-5677 The general formulas for future and present value are the following: Future value F at time t: F(t) = X (1+r)^t where X is the amount and r is the interest rate Present value P at time 0: P(0) = X /(1+r)^t In your particular case you only need this though: a) the formula is 30,000 + 2,000*t b) the formula is 30,000 * 1.05^t Hence the answers to a) are 30,000 + 2,000*5 = 40,000 30,000 + 2,000*30 = 90,000 The answers to b) are 30,000 * (1.05)^5 = 38,288.44688 30,000 * (1.05)^30 = 129,658.2713 The general formulas for future and present value are the following:

Future value F at time t:

F(t) = X (1+r)^t

where X is the amount and r is the interest rate

Present value P at time 0:

P(0) = X /(1+r)^t

In your particular case you only need this though:
a) the formula is 30,000 + 2,000*t
b) the formula is 30,000 * 1.05^t

Hence the answers to a) are
30,000 + 2,000*5 = 40,000
30,000 + 2,000*30 = 90,000

The answers to b) are

30,000 * (1.05)^5 = 38,288.44688
30,000 * (1.05)^30 = 129,658.2713

]]> Comment on How do I find a formula for future and present values? by Jason L http://valueoffuturepayments.com/how-do-i-find-a-formula-for-future-and-present-values/comment-page-1#comment-5676 Jason L Sun, 04 Jul 2010 21:04:25 +0000 http://valueoffuturepayments.com/how-do-i-find-a-formula-for-future-and-present-values#comment-5676 a) 30000 + 2000 t b) 30000 * (1.05)^t 5 years: a) 30,000+ 2,000 * 5 = $40,000 b) 30,000 * (1.05)^5 = $38,288.446875 30 years: a) 30,000 + 2000 * 30 = $90,000 b) 30,000 * (1.05)^30 = $129,658.27125451986027471864596659 a)
30000 + 2000 t
b)
30000 * (1.05)^t

5 years:
a) 30,000+ 2,000 * 5 = $40,000
b) 30,000 * (1.05)^5 = $38,288.446875

30 years:
a) 30,000 + 2000 * 30 = $90,000
b) 30,000 * (1.05)^30 = $129,658.27125451986027471864596659

]]> Comment on some of the effects of using compound interest? by $so fresh so clean$ (3 for 3) http://valueoffuturepayments.com/some-of-the-effects-of-using-compound-interest/comment-page-1#comment-5675 $so fresh so clean$ (3 for 3) Sun, 04 Jul 2010 09:23:22 +0000 http://valueoffuturepayments.com/some-of-the-effects-of-using-compound-interest#comment-5675 The return is higher when using compound interest over simple interest. Not by much, but its still higher. The return is higher when using compound interest over simple interest.

Not by much, but its still higher.

]]> Comment on some of the effects of using compound interest? by SDD http://valueoffuturepayments.com/some-of-the-effects-of-using-compound-interest/comment-page-1#comment-5674 SDD Sun, 04 Jul 2010 08:28:42 +0000 http://valueoffuturepayments.com/some-of-the-effects-of-using-compound-interest#comment-5674 Well, relative to simple interest, it present a higher hurdle for return on capital -- but that's appropriate. Your question is a bit vague. Well, relative to simple interest, it present a higher hurdle for return on capital — but that’s appropriate. Your question is a bit vague.

]]> Comment on how calculate present value of investment? by Timi http://valueoffuturepayments.com/how-calculate-present-value-of-investment/comment-page-1#comment-5673 Timi Mon, 28 Jun 2010 14:54:13 +0000 http://valueoffuturepayments.com/how-calculate-present-value-of-investment#comment-5673 NPV is the difference between the present value (PV) of all future cash flows produced by a rental property and the amount of cash investment (or, initial investment; i.e., down payment and closing costs) required to purchase the property. For example, let's assume that the real investor desires a 10% yield on all future cash flows, must invest $100,000 cash to purchase the rental property that might produce those cash flows, and wants to know whether the price he will pay achieves his desired yield. He would calculate NPV. Here's how it works First, all future cash flows would be discounted back at 10% to determine the present value of those cash flows. Secondly, the $100,000 initial investment would be deducted from the PV. The difference between the two is the NPV. For example, if the present value winds up equaling $110,000, the $100,000 would be subtracted to determine a net present value of $10,000 ($110,000 - 100,000 = 10,000). Whereas, if the PV calculates at $90,000, the NPV would be -$10,000 ($90,000 - 100,000 = -10,000). For More Info Visit http://hot-uk-real-estate.blogspot.com/ NPV is the difference between the present value (PV) of all future cash flows produced by a rental property and the amount of cash investment (or, initial investment; i.e., down payment and closing costs) required to purchase the property. For example, let’s assume that the real investor desires a 10% yield on all future cash flows, must invest $100,000 cash to purchase the rental property that might produce those cash flows, and wants to know whether the price he will pay achieves his desired yield. He would calculate NPV.

Here’s how it works
First, all future cash flows would be discounted back at 10% to determine the present value of those cash flows. Secondly, the $100,000 initial investment would be deducted from the PV. The difference between the two is the NPV. For example, if the present value winds up equaling $110,000, the $100,000 would be subtracted to determine a net present value of $10,000 ($110,000 – 100,000 = 10,000). Whereas, if the PV calculates at $90,000, the NPV would be -$10,000 ($90,000 – 100,000 = -10,000).

For More Info Visit
http://hot-uk-real-estate.blogspot.com/

]]> Comment on how calculate present value of investment? by Peter K http://valueoffuturepayments.com/how-calculate-present-value-of-investment/comment-page-1#comment-5672 Peter K Mon, 28 Jun 2010 14:44:58 +0000 http://valueoffuturepayments.com/how-calculate-present-value-of-investment#comment-5672 You can purchase an inexpensive financial calculator. HP makes a few models that are under $100. Or you can get a similar answer at the following address: http://www.noteworthyusa.com/calc.asp Enter all of the fields except for PV then press the = sign next to PV to calculate Present Value. Good luck, Peter K You can purchase an inexpensive financial calculator. HP makes a few models that are under $100. Or you can get a similar answer at the following address:
http://www.noteworthyusa.com/calc.asp

Enter all of the fields except for PV then press the = sign next to PV to calculate Present Value.

Good luck,
Peter K

]]> Comment on how calculate present value of investment? by bcfa_6 http://valueoffuturepayments.com/how-calculate-present-value-of-investment/comment-page-1#comment-5671 bcfa_6 Mon, 28 Jun 2010 14:44:14 +0000 http://valueoffuturepayments.com/how-calculate-present-value-of-investment#comment-5671 Check out this link to Wikipedia's page on present value. http://en.wikipedia.org/wiki/Present_value You can also search for Net Present Value or IRR if you want some other ideas on how to value your investment. If you have some idea of your future cash flows for the next 5 or 10 years, you should be able to calculate a PV. Good luck! Check out this link to Wikipedia’s page on present value. http://en.wikipedia.org/wiki/Present_value
You can also search for Net Present Value or IRR if you want some other ideas on how to value your investment. If you have some idea of your future cash flows for the next 5 or 10 years, you should be able to calculate a PV. Good luck!

]]> Comment on how calculate present value of investment? by CadiLLAc RiCk http://valueoffuturepayments.com/how-calculate-present-value-of-investment/comment-page-1#comment-5670 CadiLLAc RiCk Mon, 28 Jun 2010 14:23:22 +0000 http://valueoffuturepayments.com/how-calculate-present-value-of-investment#comment-5670 you have to find the year to date value first...then you could calculate assets+liabilities= profits...you must find out what the % rate is or was on the payment...is the land or waterver inheritead paid off...? you must come in a mutal agreement,,its better if you consulted ur local real estate broker or a Realestae LAwyer.... you have to find the year to date value first…then you could calculate assets+liabilities= profits…you must find out what the % rate is or was on the payment…is the land or waterver inheritead paid off…? you must come in a mutal agreement,,its better if you consulted ur local real estate broker or a Realestae LAwyer….

]]> Comment on how calculate present value of investment? by lin http://valueoffuturepayments.com/how-calculate-present-value-of-investment/comment-page-1#comment-5669 lin Mon, 28 Jun 2010 13:55:44 +0000 http://valueoffuturepayments.com/how-calculate-present-value-of-investment#comment-5669 you may want to use Net Present Value (NPV) because it takes into account uneven or inconsistent cash flows. you can use a scientific calculator like an hp-12c or try http://www.datadynamica.com/IRR.asp. the number you get will give a fair value of the investment based on an assumed discount rate ( i would use inflation as a conservative estimate) good luck! you may want to use Net Present Value (NPV) because it takes into account uneven or inconsistent cash flows. you can use a scientific calculator like an hp-12c or try http://www.datadynamica.com/IRR.asp. the number you get will give a fair value of the investment based on an assumed discount rate ( i would use inflation as a conservative estimate) good luck!

]]> Comment on how calculate present value of investment? by videocrew http://valueoffuturepayments.com/how-calculate-present-value-of-investment/comment-page-1#comment-5668 videocrew Mon, 28 Jun 2010 12:59:37 +0000 http://valueoffuturepayments.com/how-calculate-present-value-of-investment#comment-5668 calculating the PV is easy to do in microsoft excel. the problem is estimating the stream of cash flows. it doesn't have to be a steady stream, you can calculate PV based on variable streams, but you will have to estimate how much you will make each year, or at least the next couple years, then estimate an average amount you expect to make per year from there on out. if you hire an accountant, he will make these estimations, so its not like he is doing anything that you can't, except his estimations might be better. calculating the PV is easy to do in microsoft excel. the problem is estimating the stream of cash flows. it doesn’t have to be a steady stream, you can calculate PV based on variable streams, but you will have to estimate how much you will make each year, or at least the next couple years, then estimate an average amount you expect to make per year from there on out.

if you hire an accountant, he will make these estimations, so its not like he is doing anything that you can’t, except his estimations might be better.

]]> Comment on Social Security Benefit calculation problem,need help~? by ( rca - PI ) http://valueoffuturepayments.com/social-security-benefit-calculation-problemneed-help/comment-page-1#comment-5667 ( rca - PI ) Mon, 28 Jun 2010 01:34:48 +0000 http://valueoffuturepayments.com/social-security-benefit-calculation-problemneed-help#comment-5667 Question interesting!! Good Luck!! Question interesting!!

Good Luck!!

]]> Comment on The formula S = P(1 + n)i will determine the present value of $1. true or false? by Leb961 http://valueoffuturepayments.com/the-formula-s-p1-ni-will-determine-the-present-value-of-1-true-or-false/comment-page-1#comment-5663 Leb961 Tue, 22 Jun 2010 05:16:23 +0000 http://valueoffuturepayments.com/the-formula-s-p1-ni-will-determine-the-present-value-of-1-true-or-false#comment-5663 False The present value of $1 is: 1/((1+i)^n) False
The present value of $1 is: 1/((1+i)^n)

]]> Comment on Finance???????? by mule http://valueoffuturepayments.com/finance/comment-page-1#comment-5662 mule Mon, 21 Jun 2010 19:08:47 +0000 http://valueoffuturepayments.com/finance#comment-5662 Future value/present value table factor in the time value of money. The financial data is converted to an equal basis so that there is no difference. Assuming a 5% interest rate, would you rather have $1.00 now or wait 10 years and get $1.629 ?? It makes no difference because $1.00 invested at 5% interest (compounded annually) = $1.629 in 10 years. Again at 5% interest, would you rather have $.6139 now or wait 10 years and get $1.00. Getting $.6139 now invested at 5% will yeild $1.00 10 years in the future. Present value tables discount future dollars (at various interest rates) to present dollars. Future value tables factor present dollars (at various interest rates) to future dollars. Future value/present value table factor in the time value of money. The financial data is converted to an equal basis so that there is no difference.

Assuming a 5% interest rate, would you rather have $1.00 now or wait 10 years and get $1.629 ?? It makes no difference because $1.00 invested at 5% interest (compounded annually) = $1.629 in 10 years.

Again at 5% interest, would you rather have $.6139 now or wait 10 years and get $1.00. Getting $.6139 now invested at 5% will yeild $1.00 10 years in the future.

Present value tables discount future dollars (at various interest rates) to present dollars. Future value tables factor present dollars (at various interest rates) to future dollars.

]]> Comment on Finance???????? by Summerxx http://valueoffuturepayments.com/finance/comment-page-1#comment-5661 Summerxx Mon, 21 Jun 2010 18:18:52 +0000 http://valueoffuturepayments.com/finance#comment-5661 OMG i just realized that FINANCE and FIANCE look the same!! haha sry wrong topic OMG i just realized that FINANCE and FIANCE look the same!! haha sry wrong topic

]]> Comment on Is there a way to program the exponential growth formula, compound interest formula, and etc, into a TI83 plus? by Chris B http://valueoffuturepayments.com/is-there-a-way-to-program-the-exponential-growth-formula-compound-interest-formula-and-etc-into-a-ti83-plus/comment-page-1#comment-5658 Chris B Tue, 15 Jun 2010 20:46:26 +0000 http://valueoffuturepayments.com/is-there-a-way-to-program-the-exponential-growth-formula-compound-interest-formula-and-etc-into-a-ti83-plus#comment-5658 Just writing them on an index card would be the easiest way to do it. And you can look at it while using the calculator so it would be better than programming them directly into the calculator. Kinda sounds like you're just trying to cheat. They're not that hard to remember. Just writing them on an index card would be the easiest way to do it. And you can look at it while using the calculator so it would be better than programming them directly into the calculator.

Kinda sounds like you’re just trying to cheat. They’re not that hard to remember.

]]> Comment on Accounting: I am STUMPED by this interest calculation. HELP!? by Sandy http://valueoffuturepayments.com/accounting-i-am-stumped-by-this-interest-calculation-help/comment-page-1#comment-5657 Sandy Tue, 15 Jun 2010 11:15:35 +0000 http://valueoffuturepayments.com/accounting-i-am-stumped-by-this-interest-calculation-help#comment-5657 Just refer to the attached Future Value of an Ordinary Annuity of $1 table at the link. Look under 7% (half of 14% cos it's semiannual) and 6 periods (3 yrs x 2 periods in each yr) and you'll find the multiplier is 7.1533. $9,000 x 7.1533 = $64,380 - answer d. Just refer to the attached Future Value of an Ordinary Annuity of $1 table at the link. Look under 7% (half of 14% cos it’s semiannual) and 6 periods (3 yrs x 2 periods in each yr) and you’ll find the multiplier is 7.1533.

$9,000 x 7.1533 = $64,380 – answer d.

]]> Comment on For comcast cable, how many days past the due date does the payment have to be to make it late? by mphsgurl79 http://valueoffuturepayments.com/for-comcast-cable-how-many-days-past-the-due-date-does-the-payment-have-to-be-to-make-it-late/comment-page-1#comment-5651 mphsgurl79 Wed, 09 Jun 2010 17:28:13 +0000 http://valueoffuturepayments.com/for-comcast-cable-how-many-days-past-the-due-date-does-the-payment-have-to-be-to-make-it-late#comment-5651 I asked one of the reps about this one time and she said one week, but who knows, I've never been charged a late fee yet. I asked one of the reps about this one time and she said one week, but who knows, I’ve never been charged a late fee yet.

]]> Comment on For comcast cable, how many days past the due date does the payment have to be to make it late? by STEVEN F http://valueoffuturepayments.com/for-comcast-cable-how-many-days-past-the-due-date-does-the-payment-have-to-be-to-make-it-late/comment-page-1#comment-5650 STEVEN F Wed, 09 Jun 2010 16:29:55 +0000 http://valueoffuturepayments.com/for-comcast-cable-how-many-days-past-the-due-date-does-the-payment-have-to-be-to-make-it-late#comment-5650 One day after the due date is late for ANY bill. They MAY give you a few days before they charge a late fee. If they do, they usually indicate on the bill the amount of the late fee and when it is charged. One day after the due date is late for ANY bill. They MAY give you a few days before they charge a late fee. If they do, they usually indicate on the bill the amount of the late fee and when it is charged.

]]> Comment on I’m looking for a “demand for payment” template? by Tom A http://valueoffuturepayments.com/im-looking-for-a-demand-for-payment-template/comment-page-1#comment-5653 Tom A Wed, 09 Jun 2010 16:28:54 +0000 http://valueoffuturepayments.com/im-looking-for-a-demand-for-payment-template#comment-5653 Don't know a place online that you can use for free, but here is a template that our company uses: Dear Mr. XXX: Our records indicate that your account is over 90 days outstanding. As you know, your account terms are Net 30 for all orders. XXX Company has previously tried several times to collect the outstanding balance from your company via statement and voice-mail correspondence. Our business policy is to turn over all aged receivables greater than 90 days to a professional collection agency. Please remit payment by February 9, 2006 to avoid this situation. We value your business and look forward to resolving this matter. Payment can be mailed to us at: Thank you for your attention to this matter. Please contact me if you have any questions at . Don’t know a place online that you can use for free, but here is a template that our company uses:

Dear Mr. XXX:

Our records indicate that your account is over 90 days outstanding. As you know, your account terms are Net 30 for all orders. XXX Company has previously tried several times to collect the outstanding balance from your company via statement and voice-mail correspondence. Our business policy is to turn over all aged receivables greater than 90 days to a professional collection agency. Please remit payment by February 9, 2006 to avoid this situation.

We value your business and look forward to resolving this matter.

Payment can be mailed to us at:

Thank you for your attention to this matter. Please contact me if you have any questions at .

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