apr on credit cards how it works

APR is the annual interest, but if you want to know how much you’ll be paying in interest per day, simply divide your APR by 365, and you’ll get your daily periodic rate. download film wreck it ralph 2 For example, if your APR is 15%, your daily periodic rate would be 0. switching credit cards 041% To calculate the monthly credit card interest charge with an average daily balance of ,000