Name: Cele . Gender: Female . Usage: Cele, of latin origin, is not a popular first name. It is more often used as a girl (female) name. People having the name Cele appear to be originating from all over the world. Variants: For another variant of the name Cele across the world, see Cecilia.
Most credit card companies base the finance charge on the outstanding or average daily balance. That means the finance charge will be different depending on the length of the billing cycle and when during that billing cycle the payment is received. This calculator assumes the payment is made halfway through the monthly billing cycle.
Daily balance means that a daily periodic rate is applied to the balance in the account each day, provided the account meets the minimum balance requirement each day. If the minimum daily balance requirement is not met, a dividend is not earned for that day. The formula is the dividend rate divided by 365 days. The average daily balance is calculated by adding each day-end balance in the dividend period together and dividing by the number of days in the dividend period. If the account does not meet the average daily balance requirement for the dividend period, dividends are not earned for that period.