Balance = $5,000 |
MPD 3% |
MPD 5% |
MPD 10% |
|||
---|---|---|---|---|---|---|
Note: APR, annual percentage rate; MPD, minimum payment due |
||||||
APR |
Months |
Costs |
Months |
Costs |
Months |
Costs |
6% |
144 |
$5,965.56 |
92 |
$5,544.58 |
50 |
$5,260.74 |
9% |
158 |
$6,607.24 |
96 |
$5,864.56 |
51 |
$5,401.63 |
12% |
175 |
$7,407.50 |
102 |
$6,224.26 |
53 |
$5,550.32 |
18% |
226 |
$9,798.89 |
115 |
$7,096.70 |
55 |
$5,873.86 |
21% |
266 |
$11,704.63 |
123 |
$7,632.92 |
57 |
$6,050.28 |
Get Business Essentials, 12/e now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.