I have a math question. I've never been very good at math, so I'd like some help.
This is taken from Verizon. Under ETF, it says:
" If your contract term results from your purchase of an advanced device on or after November 14, 2014, your early termination fee will be $350, which will decline by $10 per month upon completion of months 7–17, $20 per month upon completion of months 18–22, $60 upon completion of month 23 and will be $0 upon completion of the contract term.
Customer Agreement | Verizon Wireless
It's this sentence that got me confused: " decline by..... $20 per month upon completion of months 18–22"
Based on that, are the following correct?
(month cancelled, ETF owed)
01 $350
02 $350
03 $350
04 $350
05 $350
06 $350
07 $340
08 $330
09 $320
10 $310
11 $300
12 $290
13 $280
14 $270
15 $260
16 $250
17 $240
18 $220
19 $200
20 $180
21 $160
22 $140
23 $120
24 $60
This is taken from Verizon. Under ETF, it says:
" If your contract term results from your purchase of an advanced device on or after November 14, 2014, your early termination fee will be $350, which will decline by $10 per month upon completion of months 7–17, $20 per month upon completion of months 18–22, $60 upon completion of month 23 and will be $0 upon completion of the contract term.
Customer Agreement | Verizon Wireless
It's this sentence that got me confused: " decline by..... $20 per month upon completion of months 18–22"
Based on that, are the following correct?
(month cancelled, ETF owed)
01 $350
02 $350
03 $350
04 $350
05 $350
06 $350
07 $340
08 $330
09 $320
10 $310
11 $300
12 $290
13 $280
14 $270
15 $260
16 $250
17 $240
18 $220
19 $200
20 $180
21 $160
22 $140
23 $120
24 $60