Calculating a 20.00% APR on a Balance of $7,000.00

You have an APR of 20%. If you have a 20.00% APR (Annual Percentage Rate) on a balance of $7000.00 then you will be spending $3.84 per day, $115.07 per month, and $1400.00 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 $