A calculation problem about credit card recurring interest

1000 yuan × 0.05 × 13 days (March 30 to April 11) (1000-100) yuan × 0.05 × 24 Days (April 12 to May 5) = 17.3

Ask a math question about credit card installment repayment. Please ask an expert to answer it

Each bank calculates the handling fee payment The time is different. Calculated based on monthly payment handling fee: 5.18%. Monthly payment is: 0.43%

12 installments, monthly payment: handling fee 4880X0.43% principal 4880÷ 12=20.98406.67=427.65 yuan

Please help me calculate the math questions about China Merchants Bank’s credit card~Thank you!

Is the 8th of the next month the repayment period?

If you are overdrafted, you may consider applying for 6-month installment payment.

If you start repaying on the 15th of next month, it seems that the repayment period has passed. The first time you need to repay before the 8th.

If these circumstances are not considered for the time being, there will be an interest of 741 in October and an interest of 814 in November:

The number of principal repayment days and the interest should be repaid Amount Actual repayment remaining outstanding

5000.00 June 15th 45112.505112.501000.004112.50

4112.50 July 15th 75154.224266.721000.003266.72

3266.72 August 15th 106173.143439.861000.002439.86

2439.86 September 15th 137167.132606.991000.001606.99

1606.99 October 15th 167134.181741.171000.007 41.17

741.1711.15.19873.38814. 551000.00-185.45

Credit Card Calculation Questions

1. The interest is 0.05% per day.

2. Did you spend 5,000 yuan by credit card or did you withdraw cash?

The formula for calculating the minimum repayment amount:

10% of the consumption amount within the credit limit

(plus) 10% of the cash advance transaction amount

(Add) 100 for the unpaid portion of the previous minimum repayment

(Add) 100 for fees and interest

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(equal to) the minimum repayment amount

Credit card calculation problem, A has a credit card with a limit of 1,000 , I spent 1,000 on October 1st, the 10th is the billing day, and the 30th is the final repayment day

If you repay 1,000 before October 30th and do not swipe your card again, November 10 Sunrise's bill is consumption of 1,000, repayment of 1,000, and available credit limit of 1,000. There are no bills in December and January

This is a calculation question about credit card installment payment. I use a China Construction Bank credit card. The credit limit is 10,000 as of last month, and I owe a total amount

First, if there is a cash withdrawal part in the bill, the cash withdrawal fees and interest cannot be installments.

Secondly, you cannot apply for all of CCB’s bill installments, you can only apply for the portion up to 90. It depends on how many installments the bank will approve for you.

Third, CCB’s bill installment calculation formula is the total installment amount/number of installments (6 installments) installment amount x 0.7

That’s it for the introduction to credit card calculation questions.