How to calculate a credit card payment

For example, you spent 10,000 rubles, you have a minimum rate of 5% of the amount owed, and the rate is 18% per bigbasecvvannum. So the calculation is as follows: 10,000 x 0.05= 500 rubles. This is the amount you must pay if you have a credit debt.

Important: this amount is only paid during the grace period. If you do not have it or it has run out, then you must pay the payment + interest accrued during this time. For example, for the same amount, interest is accrued as follows:

(10000×18%)/366*30= 147.54, abbreviated as 148 rubles. This is a fee for 1 month of using the credit amount in the amount of 10 thousand rubles. The numbersastra shop cvv are small, but imagine if you spent 80 thousand, and your rate is 33% per annum.

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