To make my budget as precise as possible, I need to know how to calculate the minimum monthly payment on my Line of Credit. I asked two people of the bank, but no one knows how to calculate it...
Let's say I owe $10,000 right now and my interest rate is 5%. What will be the payment taken out of my bank account on July 12? Thanks.
Let's say I owe $10,000 right now and my interest rate is 5%. What will be the payment taken out of my bank account on July 12? Thanks.