Judgment Interest Calculator Guide for West Virginia

Interest calculation example

For a US-WV this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites W. Va. Code § 56-6-31 (https://code.wvlegislature.gov/56-6-31/).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a US-WV this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites W. Va. Code § 56-6-31 (https://code.wvlegislature.gov/56-6-31/).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a US-WV this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites W. Va. Code § 56-6-31 (https://code.wvlegislature.gov/56-6-31/).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a US-WV this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites W. Va. Code § 56-6-31 (https://code.wvlegislature.gov/56-6-31/).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a US-WV this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites W. Va. Code § 56-6-31 (https://code.wvlegislature.gov/56-6-31/).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a US-WV this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites W. Va. Code § 56-6-31 (https://code.wvlegislature.gov/56-6-31/).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a US-WV this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites W. Va. Code § 56-6-31 (https://code.wvlegislature.gov/56-6-31/).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a US-WV this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites W. Va. Code § 56-6-31 (https://code.wvlegislature.gov/56-6-31/).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a US-WV this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites W. Va. Code § 56-6-31 (https://code.wvlegislature.gov/56-6-31/).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.