Company Name:

Financial Report Created by:

Date:
Period:

Padoa's Insurance Company

Aracely Ochoa & Stephanie Padilla
7-Mar-12
3

Client's Name:

Mr. & Mrs. Freeman

Report #1: Minimum Payment Only

Credit Card #1:
Fill-in below info from credit card statement:
Principal/Amount Due:
APR:
Compound:
Minimum Payment:

306.36
0.1099
30
15

Results of Report:
It will take
which is

22
1.83

Amount Due

Min

Month

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

306.36
292.43
278.44
264.41
250.32
236.18
221.99
207.75
193.46
179.11
164.71
150.26
135.76
121.20
106.59
91.93
77.21
62.43
47.61
32.73
17.79
2.80
(12.24)
(27.34)
(42.50)
(57.71)

15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00

Bank Of America

Interest:

0.0037

months to pay of this credit card

years
Amount Min
291.36
277.43
263.44
249.41
235.32
221.18
206.99
192.75
178.46
164.11
149.71
135.26
120.76
106.20
91.59
76.93
62.21
47.43
32.61
17.73
2.79
(12.20)
(27.24)
(42.34)
(57.50)
(72.71)

Interest
1.07
1.02
0.97
0.91
0.86
0.81
0.76
0.71
0.65
0.60
0.55
0.50
0.44
0.39
0.34
0.28
0.23
0.17
0.12
0.06
0.01
(0.04)
(0.10)
(0.16)
(0.21)
(0.27)

Balance
292.43
278.44
264.41
250.32
236.18
221.99
207.75
193.46
179.11
164.71
150.26
135.76
121.20
106.59
91.93
77.21
62.43
47.61
32.73
17.79
2.80
(12.24)
(27.34)
(42.50)
(57.71)
(72.97)

27
28
29
30
31
32
33
34
35
36
37
38

(72.97)
(88.30)
(103.67)
(119.11)
(134.60)
(150.15)
(165.75)
(181.42)
(197.13)
(212.91)
(228.75)
(244.64)
(260.59)

15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00
15.00

(87.97)
(103.30)
(118.67)
(134.11)
(149.60)
(165.15)
(180.75)
(196.42)
(212.13)
(227.91)
(243.75)
(259.64)
(275.59)

(0.32)
(0.38)
(0.43)
(0.49)
(0.55)
(0.60)
(0.66)
(0.72)
(0.78)
(0.83)
(0.89)
(0.95)
(1.01)

(88.30)
(103.67)
(119.11)
(134.60)
(150.15)
(165.75)
(181.42)
(197.13)
(212.91)
(228.75)
(244.64)
(260.59)
(276.60)

Company Name:
Financial Report Created by:
Date:
Period:

Padoa's Insurance Company

Aracely Ochoa & Stephanie Padilla
40975
3

Client's Name:

Mr. & Mrs. Freeman

Report #1: Minimum Payment Only

Credit Card #2:
Fill-in below info from credit card statement:
Principal/Amount Due: 2080.08
APR: 0.1324
Compound:
30
Minimum Payment:
42
Results of Report:
It will take
which is

56
4.67

Amount Due

Min

Month

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

2,080.08
2,047.07
2,013.92
1,980.63
1,947.18
1,913.59
1,879.85
1,845.96
1,811.92
1,777.73
1,743.39
1,708.90
1,674.26
1,639.46
1,604.51
1,569.41
1,534.15
1,498.74
1,463.17
1,427.44
1,391.55
1,355.51
1,319.30
1,282.94
1,246.42
1,209.73

42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00

Costco

Interest:

0.0044

months to pay of this credit card

years
Amount - Min
2,038.08
2,005.07
1,971.92
1,938.63
1,905.18
1,871.59
1,837.85
1,803.96
1,769.92
1,735.73
1,701.39
1,666.90
1,632.26
1,597.46
1,562.51
1,527.41
1,492.15
1,456.74
1,421.17
1,385.44
1,349.55
1,313.51
1,277.30
1,240.94
1,204.42
1,167.73

Interest
8.99
8.85
8.70
8.56
8.41
8.26
8.11
7.96
7.81
7.66
7.51
7.36
7.20
7.05
6.90
6.74
6.59
6.43
6.27
6.11
5.96
5.80
5.64
5.48
5.32
5.15

Balance
2,047.07
2,013.92
1,980.63
1,947.18
1,913.59
1,879.85
1,845.96
1,811.92
1,777.73
1,743.39
1,708.90
1,674.26
1,639.46
1,604.51
1,569.41
1,534.15
1,498.74
1,463.17
1,427.44
1,391.55
1,355.51
1,319.30
1,282.94
1,246.42
1,209.73
1,172.89

27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56

1,172.89
1,135.88
1,098.71
1,061.37
1,023.87
986.20
948.37
910.37
872.20
833.87
795.36
756.69
717.84
678.82
639.63
600.27
560.73
521.02
481.14
441.08
400.84
360.42
319.83
279.05
238.10
196.96
155.65
114.15
72.47
30.60

42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00
42.00

1,130.89
1,093.88
1,056.71
1,019.37
981.87
944.20
906.37
868.37
830.20
791.87
753.36
714.69
675.84
636.82
597.63
558.27
518.73
479.02
439.14
399.08
358.84
318.42
277.83
237.05
196.10
154.96
113.65
72.15
30.47
(11.40)

4.99
4.83
4.66
4.50
4.33
4.17
4.00
3.83
3.66
3.49
3.32
3.15
2.98
2.81
2.64
2.46
2.29
2.11
1.94
1.76
1.58
1.41
1.23
1.05
0.87
0.68
0.50
0.32
0.13
(0.05)

1,135.88
1,098.71
1,061.37
1,023.87
986.20
948.37
910.37
872.20
833.87
795.36
756.69
717.84
678.82
639.63
600.27
560.73
521.02
481.14
441.08
400.84
360.42
319.83
279.05
238.10
196.96
155.65
114.15
72.47
30.60
(11.45)

Company Name:
Financial Report Created by:
Date:
Period:

Padoa's Insurance Company

Aracely Ochoa & Stephanie Padilla
40975
3

Client's Name:

Mr. & Mrs. Freeman

Report #1: Minimum Payment Only

Credit Card #3:
Fill-in below info from credit card statement:
Principal/Amount Due: 4495.21
APR: 0.1324
Compound:
30
Minimum Payment:
88
Results of Report:
It will take
which is

58
4.83

Amount Due

Min

Month

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

4,495.21
4,426.66
4,357.81
4,288.65
4,219.19
4,149.42
4,079.35
4,008.96
3,938.27
3,867.26
3,795.94
3,724.30
3,652.35
3,580.08
3,507.49
3,434.59
3,361.36
3,287.80
3,213.92
3,139.72
3,065.19
2,990.33
2,915.14
2,839.61
2,763.76
2,687.57

88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00

Chase

Interest:

0.0044

months to pay of this credit card

years
Amount - Min
4,407.21
4,338.66
4,269.81
4,200.65
4,131.19
4,061.42
3,991.35
3,920.96
3,850.27
3,779.26
3,707.94
3,636.30
3,564.35
3,492.08
3,419.49
3,346.59
3,273.36
3,199.80
3,125.92
3,051.72
2,977.19
2,902.33
2,827.14
2,751.61
2,675.76
2,599.57

Interest
19.45
19.15
18.84
18.54
18.23
17.92
17.62
17.30
16.99
16.68
16.36
16.05
15.73
15.41
15.09
14.77
14.45
14.12
13.80
13.47
13.14
12.81
12.48
12.14
11.81
11.47

Balance
4,426.66
4,357.81
4,288.65
4,219.19
4,149.42
4,079.35
4,008.96
3,938.27
3,867.26
3,795.94
3,724.30
3,652.35
3,580.08
3,507.49
3,434.59
3,361.36
3,287.80
3,213.92
3,139.72
3,065.19
2,990.33
2,915.14
2,839.61
2,763.76
2,687.57
2,611.04

27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58

2,611.04
2,534.17
2,456.97
2,379.42
2,301.54
2,223.31
2,144.73
2,065.81
1,986.54
1,906.91
1,826.94
1,746.62
1,665.94
1,584.90
1,503.51
1,421.75
1,339.64
1,257.16
1,174.32
1,091.12
1,007.55
923.60
839.29
754.61
669.55
584.12
498.31
412.12
325.55
238.60
151.26
63.54

88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00
88.00

2,523.04
2,446.17
2,368.97
2,291.42
2,213.54
2,135.31
2,056.73
1,977.81
1,898.54
1,818.91
1,738.94
1,658.62
1,577.94
1,496.90
1,415.51
1,333.75
1,251.64
1,169.16
1,086.32
1,003.12
919.55
835.60
751.29
666.61
581.55
496.12
410.31
324.12
237.55
150.60
63.26
(24.46)

11.14
10.80
10.46
10.11
9.77
9.42
9.08
8.73
8.38
8.03
7.67
7.32
6.96
6.61
6.25
5.89
5.52
5.16
4.79
4.43
4.06
3.69
3.32
2.94
2.57
2.19
1.81
1.43
1.05
0.66
0.28
(0.11)

2,534.17
2,456.97
2,379.42
2,301.54
2,223.31
2,144.73
2,065.81
1,986.54
1,906.91
1,826.94
1,746.62
1,665.94
1,584.90
1,503.51
1,421.75
1,339.64
1,257.16
1,174.32
1,091.12
1,007.55
923.60
839.29
754.61
669.55
584.12
498.31
412.12
325.55
238.60
151.26
63.54
(24.57)

Company Name:
Financial Report Created by:
Date:
Period:

Padoa's Insurance Company

Aracely Ochoa & Stephanie Padilla
40975
3

Client's Name:

Mr. & Mrs. Freeman

Report #1: Minimum Payment Only

Amount Due
Credit Card #1
Credit Card #2
Credit Card #3

Minimum
Payment

$ 306.36 $
$ 2,080.08 $
$ 4,495.21 $

15.00
42.00
88.00

APR

# of months
to pay off

11%
13%
13%

22
56
58

You need to pay a total of $ 145.00 each month

in order to be debt free in
58
months

Logarithm

Company Name:
Financial Report Created by:
Date:
Period:

Padoa's Insurance Company

Aracely Ochoa & Stephanie Padilla
7-Mar-12
3

Client's Name:

Mr. & Mrs. Freeman

Report #2: Modified Payment

Credit Card #1:
Fill-in below info from credit card statement:
Principal/Amount Due:
APR:
Compound:
Modified Payment:

306.36
0.1099
30
30

Interest:

0.0037

Results of Report:
It will take
which is
Month

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

Amount Due
306.36
277.37
248.28
219.08
189.77
160.36
130.83
101.20
71.46
41.62
11.66
(18.41)
(48.59)
(78.87)
(109.27)
(139.78)
(170.41)
(201.14)
(231.99)
(262.95)
(294.02)
(325.21)
(356.51)
(387.92)
(419.45)
(451.10)

11
0.92
Min
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00

months to pay of this credit card

years
Amount Min
276.36
247.37
218.28
189.08
159.77
130.36
100.83
71.20
41.46
11.62
(18.34)
(48.41)
(78.59)
(108.87)
(139.27)
(169.78)
(200.41)
(231.14)
(261.99)
(292.95)
(324.02)
(355.21)
(386.51)
(417.92)
(449.45)
(481.10)

Interest
1.01
0.91
0.80
0.69
0.59
0.48
0.37
0.26
0.15
0.04
(0.07)
(0.18)
(0.29)
(0.40)
(0.51)
(0.62)
(0.73)
(0.85)
(0.96)
(1.07)
(1.19)
(1.30)
(1.42)
(1.53)
(1.65)
(1.76)

Balance
277.37
248.28
219.08
189.77
160.36
130.83
101.20
71.46
41.62
11.66
(18.41)
(48.59)
(78.87)
(109.27)
(139.78)
(170.41)
(201.14)
(231.99)
(262.95)
(294.02)
(325.21)
(356.51)
(387.92)
(419.45)
(451.10)
(482.86)

27
28
29
30
31
32
33
34
35
36
37
38

(482.86)
(514.74)
(546.74)
(578.85)
(611.08)
(643.43)
(675.90)
(708.48)
(741.19)
(774.01)
(806.96)
(840.02)
(873.21)

30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00
30.00

(512.86)
(544.74)
(576.74)
(608.85)
(641.08)
(673.43)
(705.90)
(738.48)
(771.19)
(804.01)
(836.96)
(870.02)
(903.21)

(1.88)
(2.00)
(2.11)
(2.23)
(2.35)
(2.47)
(2.59)
(2.71)
(2.83)
(2.95)
(3.07)
(3.19)
(3.31)

(514.74)
(546.74)
(578.85)
(611.08)
(643.43)
(675.90)
(708.48)
(741.19)
(774.01)
(806.96)
(840.02)
(873.21)
(906.52)

Company Name:
Financial Report Created by:
Date:
Period:

Padoa's Insurance Company

Aracely Ochoa & Stephanie Padilla
40975
3

Client's Name:

Mr. & Mrs. Freeman

Report #2: Modified Payment

Credit Card #1:
Fill-in below info from credit card statement:
Principal/Amount Due: 2080.08
APR: 0.1324
Compound:
30
Modified Payment:
60
Results of Report:
It will take
which is

38
3.17

Amount Due

Min

Month

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

2,080.08
2,029.00
1,977.69
1,926.15
1,874.38
1,822.39
1,770.17
1,717.72
1,665.03
1,612.12
1,558.97
1,505.58
1,451.96
1,398.11
1,344.01
1,289.68
1,235.10
1,180.29
1,125.24
1,069.94
1,014.39
958.61
902.57
846.29
789.76
732.98

60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00

Interest:

0.0044

months to pay of this credit card

years
Amount - Min
2,020.08
1,969.00
1,917.69
1,866.15
1,814.38
1,762.39
1,710.17
1,657.72
1,605.03
1,552.12
1,498.97
1,445.58
1,391.96
1,338.11
1,284.01
1,229.68
1,175.10
1,120.29
1,065.24
1,009.94
954.39
898.61
842.57
786.29
729.76
672.98

Interest
8.92
8.69
8.46
8.24
8.01
7.78
7.55
7.32
7.08
6.85
6.62
6.38
6.14
5.91
5.67
5.43
5.19
4.94
4.70
4.46
4.21
3.97
3.72
3.47
3.22
2.97

Balance
2,029.00
1,977.69
1,926.15
1,874.38
1,822.39
1,770.17
1,717.72
1,665.03
1,612.12
1,558.97
1,505.58
1,451.96
1,398.11
1,344.01
1,289.68
1,235.10
1,180.29
1,125.24
1,069.94
1,014.39
958.61
902.57
846.29
789.76
732.98
675.95

27
28
29
30
31
32
33
34
35
36
37
38

675.95
618.67
561.13
503.35
445.30
387.00
328.45
269.63
210.56
151.22
91.62
31.76

60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00
60.00

615.95
558.67
501.13
443.35
385.30
327.00
268.45
209.63
150.56
91.22
31.62
(28.24)

2.72
2.47
2.21
1.96
1.70
1.44
1.18
0.93
0.66
0.40
0.14
(0.12)

618.67
561.13
503.35
445.30
387.00
328.45
269.63
210.56
151.22
91.62
31.76
(28.36)

Company Name:
Financial Report Created by:
Date:
Period:

Padoa's Insurance Company

Aracely Ochoa & Stephanie Padilla
40975
3

Client's Name:

Mr. & Mrs. Freeman

Report #2: Modified Payment

Credit Card #1:
Fill-in below info from credit card statement:
Principal/Amount Due: 4495.21
APR: 0.1324
Compound:
30
Modified Payment:
65

Interest:

Results of Report:
It will take
which is

83
6.92

months to pay of this credit card

years

Amount Due

Min

Amount - Min

Month

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

4,495.21
4,449.76
4,404.11
4,358.26
4,312.21
4,265.96
4,219.50
4,172.83
4,125.96
4,078.88
4,031.60
3,984.10
3,936.40
3,888.48
3,840.36
3,792.02
3,743.47
3,694.70
3,645.72
3,596.53
3,547.11
3,497.48
3,447.63
3,397.56
3,347.26
3,296.75

65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00

4,430.21
4,384.76
4,339.11
4,293.26
4,247.21
4,200.96
4,154.50
4,107.83
4,060.96
4,013.88
3,966.60
3,919.10
3,871.40
3,823.48
3,775.36
3,727.02
3,678.47
3,629.70
3,580.72
3,531.53
3,482.11
3,432.48
3,382.63
3,332.56
3,282.26
3,231.75

Interest
19.55
19.35
19.15
18.95
18.74
18.54
18.34
18.13
17.92
17.71
17.51
17.30
17.09
16.87
16.66
16.45
16.23
16.02
15.80
15.59
15.37
15.15
14.93
14.71
14.49
14.26

0.0044

Balance
4,449.76
4,404.11
4,358.26
4,312.21
4,265.96
4,219.50
4,172.83
4,125.96
4,078.88
4,031.60
3,984.10
3,936.40
3,888.48
3,840.36
3,792.02
3,743.47
3,694.70
3,645.72
3,596.53
3,547.11
3,497.48
3,447.63
3,397.56
3,347.26
3,296.75
3,246.01

27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75

3,246.01
3,195.05
3,143.87
3,092.45
3,040.82
2,988.95
2,936.85
2,884.53
2,831.97
2,779.18
2,726.16
2,672.91
2,619.42
2,565.69
2,511.72
2,457.52
2,403.08
2,348.40
2,293.48
2,238.31
2,182.90
2,127.25
2,071.35
2,015.21
1,958.81
1,902.17
1,845.28
1,788.14
1,730.74
1,673.09
1,615.19
1,557.03
1,498.62
1,439.94
1,381.01
1,321.82
1,262.37
1,202.65
1,142.67
1,082.43
1,021.92
961.14
900.10
838.78
777.20
715.34
653.21
590.81
528.13

65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00

3,181.01
3,130.05
3,078.87
3,027.45
2,975.82
2,923.95
2,871.85
2,819.53
2,766.97
2,714.18
2,661.16
2,607.91
2,554.42
2,500.69
2,446.72
2,392.52
2,338.08
2,283.40
2,228.48
2,173.31
2,117.90
2,062.25
2,006.35
1,950.21
1,893.81
1,837.17
1,780.28
1,723.14
1,665.74
1,608.09
1,550.19
1,492.03
1,433.62
1,374.94
1,316.01
1,256.82
1,197.37
1,137.65
1,077.67
1,017.43
956.92
896.14
835.10
773.78
712.20
650.34
588.21
525.81
463.13

14.04
13.81
13.59
13.36
13.13
12.90
12.67
12.44
12.21
11.98
11.74
11.51
11.27
11.04
10.80
10.56
10.32
10.08
9.84
9.59
9.35
9.10
8.85
8.61
8.36
8.11
7.86
7.60
7.35
7.10
6.84
6.58
6.33
6.07
5.81
5.55
5.28
5.02
4.76
4.49
4.22
3.95
3.69
3.41
3.14
2.87
2.60
2.32
2.04

3,195.05
3,143.87
3,092.45
3,040.82
2,988.95
2,936.85
2,884.53
2,831.97
2,779.18
2,726.16
2,672.91
2,619.42
2,565.69
2,511.72
2,457.52
2,403.08
2,348.40
2,293.48
2,238.31
2,182.90
2,127.25
2,071.35
2,015.21
1,958.81
1,902.17
1,845.28
1,788.14
1,730.74
1,673.09
1,615.19
1,557.03
1,498.62
1,439.94
1,381.01
1,321.82
1,262.37
1,202.65
1,142.67
1,082.43
1,021.92
961.14
900.10
838.78
777.20
715.34
653.21
590.81
528.13
465.17

76
77
78
79
80
81
82
83

465.17
401.94
338.42
274.63
210.56
146.20
81.56
16.63

65.00
65.00
65.00
65.00
65.00
65.00
65.00
65.00

400.17
336.94
273.42
209.63
145.56
81.20
16.56
(48.37)

1.77
1.49
1.21
0.93
0.64
0.36
0.07
(0.21)

401.94
338.42
274.63
210.56
146.20
81.56
16.63
(48.58)

Company Name:
Financial Report Created by:
Date:
Period:

Padoa's Insurance Company

Aracely Ochoa & Stephanie Padilla
40975
3

Client's Name:

Mr. & Mrs. Freeman

Report #2: Modified Payment

Amount Due
Credit Card #1
Credit Card #2
Credit Card #3

$
$
$

Minimum
Payment

306.36 $
2,080.08 $
4,495.21 $

30.00
60.00
65.00

APR

# of months
to pay off

11%
13%
13%

11
38
83

You need to pay a total of $ 155.00 each month

in order to be debt free in
83
months

logarithm