Credit Card Debt Calculator

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    Credit Card Debt Calculator - Presentation Transcript

    1. You can change any of the values in the boxes and when you press white 'Enter\" all of the other values will automatically be recalculated Credit Card Calculator Monthy Minimum Balance APR The Greater of $1,000 16.5% 2.0% of the balance If you make only the Minimum Payment Each Month If, instead, you make regular payments of It will take approximately 131 months It will take approximately approximately (or about 10.9 years) (or about to pay it all off. During that time: to pay it all off. During that t Your Payments will total $2,077.60 Your Payments will total Total Finance Charges $1,077.60 Total Finance Charges
    2. The planned payment is less than the minimum allowed That Payment is less than the Monthly Interest. The balance Will NEVER be paid off!!!!!
    3. Monthy Minimum The Greater of or $15 ake regular payments of $50 approximately 23.5 months (or about 2.0 years) to pay it all off. During that time: ents will total $1,177.42 ce Charges $177.42
    4. e balance

    + fpckscfpcksc, 8 months ago

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    Credit Card Debt Calculator on Microsoft Excel

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