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Tool: How Long Will It Take To Pay Off My Credit Card?
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Go to: http://www.smartaboutmoney.org/.../Default.aspx (opens a new window)
Description: Americans today owe more money than ever before. The fact that 'interest never sleeps' means that the situation will continue to worsen unless steps are taken at the individual level to reduce or eliminate debt. Additional monthly payments can make a difference to accelerate the payoff and save yourself hundreds and thousands in interest payments.
Technology Type: Calculator 
Author: National Endowment for Financial Education
Language: English 
Cost: Does not require payment for use

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Courses: Algebra II Growth and decay applications
Financial Education Annual percentage rate (APR), Credit cards, Credit costs, Interest rate