Credit Card Minimum Payment Interest Calculator

This calculator will show you how much interest you will end up paying if you make only the
minimum required payment on your credit card bill. It will also tell you how many minimum
payments you will make before your balance is paid off (up to a maximum of 600 payments).

Somewhere in your credit card disclosure statement the card company will tell you
something like "your minimum payment will be 2% of the balance or $10, whichever
is higher. These are the figures you will enter in Column C and Column D respectively.