I’m trying to write a proggy to help me figure out how long it will take
to pay off a credit card based on a payment value.
The card can have multiple sections with different owed amounts and
Since the credit card companies pay off lower interest sections prior to
higher, I need to be able to determine which section has lowest apr. For
sections < "Purchases", :owed => 840.64, :apr => 0.2474 } sections < "Transfers", :owed => 3453.45, :apr => 0.1774 }
I’ve set up a loop to iterate through each section and apply a finance
charge to the owed amounts. I have a variable with my payment amount.
After applying the finance charge, i need to see if section[:apr] is the
lowest of all sections, in order to apply the payment to that section
How would this be done?