How Do Credit Cards Calculate Monthly Interest

How do credit cards calculate monthly interest

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spreadsheet

Read a related article: How Credit Card Interest is Calculated

Read another related article: What Are The Benefits to Calculating Your Daily Interest Rate?

Enter both your Balance and APR (%) numbers below and it will auto-calculate your daily, monthly, and annual interest rate.

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

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