If during a given month your average daily credit card balance is 800 and your yearly interest rate is 17%, how much interest do you owe on your credit card for that month

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asked Jan 5, 2018 143k views

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Reza Ebrahimpour · Answer 1 · 2018-01-11T15:55:06+0000

If during a given month your average daily credit card balance is $800 and your yearly interest rate is 17%, then the interest you owe on your credit card for that month would be: $11.33

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If during a given month your average daily credit card balance is 800 and your yearly interest rate is 17%, how much interest do you owe on your credit card for that month

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