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How much would a monthly payment be on 14000 on credit card?
Three to five percent of the statement balance.
If one had a credit card balance of 400.222 at 21.99 interest and paid only the minimum payment how much of the payment would actually go to the principal balance and how long would it take to pay it?
Your current payment is $16.00. If you continue to make the minimum payments it will take you 4 years and 8 months to payoff this debt. The total interest paid will be $214.24
What is the minimum payment due on a credit card with a 50000 balance?
Most credit card issuers have moved to a monthly minimum payment due of 4% of the outstanding balance. For a $50,000 balance this would equate to $2,000. Some issuers only require 2% or 3% minimum payments, which would equate to $1,000 or $1,500, respectively. You would need to check with your credit card issuer to determine their particular minimum payment requirements. Check out CreditCards.com/calculators.php to look at different scenarios.
How do you pay your mortgage off in two years?
Multiply the balance of your mortgage times your interest rate. Add this number to your balance. Divide by 24. Make that payment each month. This will get you close. Your very last payment will be off slightly so before your last payment, get a payoff statement(not a balance inquiry)to get the exact amount required to pay off your mortgage. For example: $100k * 7% = $107k $107k / 24 payments = $4458.33 per month. In this case, the ACTUAL amount needed to pay this would be $107,454.24 but that was figured using a financial calculator. In reality, the above example would leave you $454.24 short of a complete payoff on your last payment.
Can you send credit cards 5.00 per month and do they have to accept it?
Most credit card companies demand a minimum monthly payment of 5% of your balance owed.If you owe $1000 your minimum payment would be $50.You can send any amount you want. However your balance owing will steadily increase. It will only affect your credit rating.If you pay only the minimum payment each month, it will take years for you to pay your bill.
Why would an investor be interested in the balance of payment of a country?
To know the liqiudity of that country.
Why would it be useful to examine a country's balance of payment data?
why would it be useful to examine a country balance of payment data
What is the difference between a purchase and a payment on a credit card statement?
A purchase would be buying something. A payment would be a payment on the card itself, towards the balance of the available credit.
How much would a monthly payment be on 14000 on credit card?
Three to five percent of the statement balance.
Why creditors would be interested in the balance sheet of a business?
Creditors are interested in balance sheet to check that how much money company has already taken as a loan from other creditors and how much assets are pledged and will company be able to return credit or not.
What payment on account by a customer?
A payment on account by a customer happens when a customer pays a bill. For example, if a person had an account at a furniture store, each month, he or she would make a payment on their account to pay down their balance.
What is a payment on account by a customer?
A payment on account by a customer happens when a customer pays a bill. For example, if a person had an account at a furniture store, each month, he or she would make a payment on their account to pay down their balance.
If one had a credit card balance of 400.222 at 21.99 interest and paid only the minimum payment how much of the payment would actually go to the principal balance and how long would it take to pay it?
Your current payment is $16.00. If you continue to make the minimum payments it will take you 4 years and 8 months to payoff this debt. The total interest paid will be $214.24
What is the minimum payment due on a credit card with a 50000 balance?
Most credit card issuers have moved to a monthly minimum payment due of 4% of the outstanding balance. For a $50,000 balance this would equate to $2,000. Some issuers only require 2% or 3% minimum payments, which would equate to $1,000 or $1,500, respectively. You would need to check with your credit card issuer to determine their particular minimum payment requirements. Check out CreditCards.com/calculators.php to look at different scenarios.
A car is twenty seven thousand dollars and you give a 10 percent down payment how much would it be?
10% of $27,000 is $2,700.$27,000 Initial Cost2,700 Down Payment$24,300 Balance
What is the mininmum payment for collections?
There is no "minimum payment" really. Any payment you send will be applied to your balance, however, most collection agencies will only agree to a payment arrangement if it meets their schedule to be paid within a certain time frame. If you are paying less collection activity would continue on your account.
What are the disadvantages of negative balance of payment?
The disadvantage is that the country's foreign exchange would be less... The Govt, would be in loss
