Billing Calculation Based on Policy

Based on the provided billing policy, we can break down the first three payments for the client's subscription.

Subscription Amount: $1,600 per month

Payment Breakdown:

1. Payment 1 (December 15 - January 15):
   • Since the subscription starts mid-cycle, the first payment will be the full monthly rate.
   • Amount: $1,600
   • Due Date: December 15
2. Payment 2 (January 16 - January 31, pro-rated):
   • The second payment will be pro-rated for the remainder of January.
   • Total days in January: 31
   • Days of service from January 16 - January 31: 16 days
   • Daily Rate Calculation: [{Daily Rate} = 1,600 / 31 = 51.61]
   • Pro-rated Amount Calculation: [{Pro-rated Amount} = {Number of Days of Service} = 51.61 times 16 = 825.76]
   • Amount: $825.76
   • Due Date: January 1
3. Payment 3 (February 1 and onwards, monthly):
   • Regular monthly billing starts from February 1 at the full monthly subscription rate.
   • Amount: $1,600
   • Due Date: February 1

Summary of Payments

1. Payment 1: $1,600 (Due December 15)
2. Payment 2: $825.76 (Due January 1)
3. Payment 3: $1,600 (Due February 1)

Email to Client

Subject: Welcome to Your Subscription – Payment Details

Dear [Client's Name],

I hope this message finds you well!

We’re excited to inform you that your subscription with us is set to start on December 15. Below are the details of your payment schedule for the upcoming months:

1. First Payment: $1,600

   Due Date: December 15 (for the period of December 15 to January 15)

2. Second Payment: $825.76

   Due Date: January 1 (for service from January 16 to January 31)

3. Third Payment: $1,600

   Due Date: February 1 (for the month of February)