How to Calculate Your Credit Card Minimum Payments on a Calculator
- 1). Punch in your current balance on your calculator.
- 2). Press the multiplication button.
- 3). Press the "." key, since percentages are always decimal values.
- 4). Type in your minimum payment percentage using at least two digits. For example, 5 percent would be:
0.05
On the other hand, 10 percent would be:
0.10 - 5). Press the equals (=) sign. This will be your minimum payment.
