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This
calculator will show you how much
interest you will end up paying if
you make only the minimum required
payment on your credit card bill.
It will also tell you how many minimum
payments you will make before your
balance is paid off (up to a maximum
of 600 payments).Somewhere
in your credit card disclosure
statement the card company
will tell you something like "your
minimum payment will be 2%
of the balance or $10, whichever
is higher. These are the
figures you will enter in
Column C and Column D respectively.
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