how to calculate a credit card
Hi all
Ive got Excel 07,but am stuck .
I used the PMT function to calculate to pay off a credit card by entering
the APR and how long i wanted to pay and the balance that was on the card to
tell me how much to pay each month.
Am now want to calculate if i paid off a SET AMOUNT EACH MONTH with the APR
how long this will take but i dont know the function to use.
Any help from you guys and gals would be much appreciated.
Paul.
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