Calculating a 7.18% APR on a Balance of $1,600.00

If you have a 7.18% APR (Annual Percentage Rate) on a balance of $1600.00 then you will be spending $0.31 per day, $9.44 per month, and $114.88 per year on interest.

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