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Old Jun 1, 2004 | 12:15 PM
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DB7 2.0
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From: eL Lay, SoCal
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Originally Posted by WiLL
can you tell me how you did that? h:

so are you telling me that i have to pay a finance charge of ~$26 every month?

i thought that since the APR is 3.9, you would divide it by 12, and that would be your month finance charge? :thinking:
its not $26/mth. i added $24 because you said there was a balance transfer fee of $24.

i got 3.9% = 0.039

$100 - 20 = 80
80 + 800 + 24 = $904

0.039 / 12 = 0.00325

0.00325 * 904 = 2.938

904 + 2.938 = 906.938 = $906.94
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