Calculating a 7.94% APR on a Balance of $5,000.00

If you have a 7.94% APR (Annual Percentage Rate) on a balance of $5000.00 then you will be spending $1.09 per day, $32.63 per month, and $397.00 per year on interest.

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