IN.gov | The Official Website of the State of Indiana

Let me come back to you. Let me finish this example. So if we take approximately a dollar here. If I take a dollar times 30 days. That equals $30. This is how much I'm paying in interest monthly. Monthly. So now assuming that we're only going to pay the minimum balance each month, because let's face it most people do, this is just interest alone. ................
................