Talk:Pro rata
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practical examples
[edit]whilst all the examples given are pertinent. they don't necessarily help in understanding. I would propose a practical example. of the type if say line rental for a phone were $50 a month a week's line rental would pro rata.... —Preceding unsigned comment added by 78.105.212.184 (talk) 13:52, 26 January 2011 (UTC)
Math incorrect for interest pro-rating?
[edit]"Pro-rating also refers to the practice of applying interest rates to different time frames. If the interest rate was 12% per annum, you could pro-rate this number to be 1% a month (12%/12 months)."
Correct me if I’m wrong here, but doesn’t that completely fail to factor in interest on the interest, and the formulas used to do this kind of conversion? --Xblocks (talk) 18:45, 5 October 2011 (UTC)
- You are not wrong, but there are situations where the interest rate is non-cumulative, e.g. a fixed deposit schemes where the interest rate is paid out in cash/cheque or to a different account periodically. 202.73.1.98 (talk) 03:03, 8 January 2016 (UTC)
Hyphenation
[edit]The article names "pro-rata" as an incorrect spelling; however, when the term functions as an adjective (e.g., "We will make pro-rata adjustments as needed."), hyphenation would be correct according to some style guides. — Preceding unsigned comment added by 173.75.132.187 (talk) 11:00, 24 February 2013 (UTC) There fore it is called as Pro Rata.