Calculating a 12.00% APR on a Balance of $1,600.00

If you have a 12.00% APR (Annual Percentage Rate) on a balance of $1600.00 then you will be spending $0.53 per day, $15.78 per month, and $192.00 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 $