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C
OMPOUND
I
NTEREST
Principal
Months
1 = .08
2 = .17
3 = .25
4 = .33
5 = .42
6 = .50
7 = .58
8 = .67
9 = .75
10 = .83
11 = .92
Rate
Years
Amount
Interest
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What will it take to pay off my credit card?
Enter your credit card balance: $
Enter the credit card's interest rate:
%
Enter payment amount per month: $
or
Enter desired months until debt free:
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How long will it take for you to pay off those holiday bills?
Monthly payment:
interest rate (APR):
and amount owed:
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