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Help me understand interest (CC)
Sharp10r
Registered User regular
Registered User regular
I'm trying to motivate myself to get out of debt. I'm paying minimum payments, but am gearing up for an all out assault. TO help me motivate myself- I want to calculate the following:
For a CC with 7.75APR, how do I calculate how much an extra $50 a month will save me over 18 months?
For a CC with 7.75APR, how do I calculate how much an extra $50 a month will save me over 18 months?
Sharp10r on
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Try using this website. I find it extremely helpful for figuring this kind of stuff out.