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how do you calculate months interest from a p r of 6.9 %
vsoe57
Posts: 42 Forumite
in Credit cards
Trying to calculate a months interest at a apr of 6.9 how do you do this need help please anyone no how to do this .
0
Comments
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Someone will be along to give you a formula, but I use this calculator...
http://www.stoozing.com/mon2yr.htm0 -
(((1.069) ^ (1/12)) - 1) * 100 = 0.5576% per month0
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