Calculating credit card payments in Excel 2010

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Shows how to calculate the credit card payments and acrued interest using Excel 2010.
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Bless you, thanks for this. I would not have passed my project without finding it.

erikamone
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Thank goodness for people like you who are kind enough to enlighten the rest of us! Props!

sentinelshade
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Such an awesome video!!! Thank you so much for your help. Even I who don't have any experience with formulas and financial numbers understood this video. I contacted my creditors to make sure that the numbers added up and they asked me where did I find the video. They were interested in it as well! :) Now, I can have a better understanding of where I should be each month and if I can shorten the months and pay everything off even faster.

HillaCristina
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This was extremely helpful for me! Thank you for explaining it so well!

LovinBeingNatural
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This was VERY helpful, thank you so much!

kalikutie
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Most credit cards calculate interest by calculating the average daily balance. This method is an "amitorized" method that is used in mortgages and personal loans.

pRomeathius
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do you have a vidoe showing how you make this calculator so people can build there own spread sheet?

whoo
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can I change the payment amount as I go. There will be some months where I only make the minimum payment and other months where I can pay more.

rudycap