Understanding the Mathematics of Personal Finance

Understanding the Mathematics of Personal Finance

4.11 - 1251 ratings - Source

the credit card company is charging you extra for not owing them as much money as theya#39;d like you to owe them. ... Since money is coming and going (purchase, cash advances, payments) pretty much on a daily basis, it makes sense for the credit card lenders to calculate interest on a daily basis. ... The spreadsheet Ch6CardBalanceTransfer.xls on my website lets you analyze various scenarios.

Title:Understanding the Mathematics of Personal Finance
Author: Lawrence N. Dworsky
Publisher:John Wiley & Sons - 2009-09-22

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