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Refund Formulas
Refunds for monthly resources, unlike billing period resources, are never prorated to the days remaining till the billing month closure. When refunded, recurrent charges for all resources are adjusted to refund percentage except for when users quit hosting during the Moneyback Period.
- Refunds for billing period resources
= ( recurrent fee charged over the current billing period x days remaining to its closure x refund percentage ) / ( billing period duration in days x 100% ) - Refunds for monthly resources
= ( recurrent fee charged over the current billing month x refund percentage ) / 100%
If recurrent price for resource was changed, the refund will be calcuated based on prices used to calcuate the latest recurrent fees prepaid.
