You have a charge card with an initial equilibrium regarding $3, and an interest rate regarding % Apr
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I attempted all of them, however, I don’t know how-to create all of them would you view my personal solutions to see if I did it right?
The mortgage was $135, in the an effective 5. For individuals who shell out $step 1, for the home loan every month, how much cash of your own 2nd month’s loan places in Briggsdale Colorado payment was used on new dominating? You miss your own minimum commission the first times and there is a late payment off $. Simply how much can be your equilibrium early in the following week? You are taking away a cash advance out of $2, towards the a credit card having a great step three. You’ve got a charge card which have an equilibrium out of $step one, and a beneficial 9. A late commission payment from $ was put into the main for individuals who spend immediately following 5/twenty eight. You create a payment for $ for the 5/twenty-eight. How much cash attract did you pay? You create an acquisition of $step 1, having fun with an advantages charge card that gives your 2% cash back.
In the event your mastercard has actually a % Annual percentage rate while don’t create a repayment the initial times, just how much is the difference between the first month’s attention and you can the award? You may have four handmade cards. For each enjoys a balance of $, however their borrowing from the bank limits was $step 1,, $2,, $2,, and you can $3,. Paying off and you can closing which card carry out decrease your obligations ratio? So what can I actually do?
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You’ve got $step one, toward a credit card that have an effective 14
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