Calculating a 16.00% APR on a Balance of $2,000.00

If you have a 16.00% APR (Annual Percentage Rate) on a balance of $2000.00 then you will be spending $0.88 per day, $26.30 per month, and $320.00 per year on interest.

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APR (%) 
Days in Month 
Days in Year 
Interest Per Day$
Interest Per Month$
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