How To Calculate Monthly Credit Card Interest Explained - How To Calculate The Average Daily Balance
2:49
YouTubeWhats Up Dude
How To Calculate Monthly Credit Card Interest Explained - How To Calculate The Average Daily Balance
In this video we discuss how to calculate monthly credit card interest. We go through a detailed example of how to calculate the average daily balance and the actual monthly interest calculation. Transcript/notes The formula to calculate monthly credit card interest is monthly interest equals, the average daily balance, times the number of days ...
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