This video explains how the credit card interest is calculated using average daily balance method. It covers the basic interest calculation using MS EXCEL spreadsheet.
#CreditCard_Tamil #Interest_Calculation
Timeline:
00:00 Logo Intro
00:08 Introduction
00:32 Interest calculation methods
01:00 Average Daily Balance Method
02:52 Average Daily Balance Calculation
04:58 Interest Calculation
06:14 Conclusion
06:25 End Credits
Contact:
https://www.facebook.com/anandexplains
Attributions:
Music: http://instrumentalsfree.com
Disclaimer:
This channel is for education purpose only and is not affiliated with any financial institution.
Continue this lesson in the app
Install CourseHive on Android or iOS to keep learning while you move.