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|calculator credit card minimum payment||0.5||0.7||7677||65|
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|credit card sized calculator solar powered||1.45||0.8||579||31|
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Calculate your monthly payment. Multiply the average daily balance by the percentage the credit card issuer sets for your account. If the percentage is 2.5 percent, then on a balance of $2,000, your monthly payment works out to $50. Find the portion of your monthly payment applied to the principal balance you owe.How do you figure out a credit card payment?
The best way to figure out when your credit card bill is due is to read your credit card billing statement. Information about your credit card payment, including the minimum payment amount and the due date, will appear at the top of your statement and on the coupon that you include with your mailed credit card payment.How do you calculate the minimum balance on a credit card?
Calculate the minimum payment on a credit card using the OCC's formula. First, multiply your outstanding balance by your APR. If, for example, you owe $1,500 on a card with 15 percent APR, the equation would be 1,500 x 0.15 = 225. Set this number aside to plug into the formula. Multiply your outstanding balance by 1 percent.