asked 1.3k views
4 votes
You owe $1,350.00 on a credit card with a 14.25% apr. you pay $300.00 at the beginning of the month. how much interest do you save by paying at the beginning of the month versus at the end of the month?

asked
User Hudi
by
7.7k points

1 Answer

2 votes
300(.1425/12) = $3.56
answered
User Chris Biscardi
by
8.3k points
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