Using information from an internet source, determine the current interest rate a credit card or loan

Compute the 6 month cost in two ways:

Make 6 monthly computations. Enter these as formulas in a spreadsheet. (The goal here is really getting you to use spreadsheets and formulas for computations.)
Use the formula, A= 1000(1 + r)N where N = the number of periods (6) and r = the periodic interest rate = APR/12, where APR is the annual percentage rate.

Asked Jul 06, 2017

If you are looking for a place to share your travel photos and stories, then try BigRoom.

TIP: If it's not your answer to this question, please click "Leave a Comment" button under the question to communicate with the question owner.