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Chapter 21. Mastering Excel's Solver and... > Optimizing Credit Card Payments with...

Optimizing Credit Card Payments with Solver

In order to learn how to build Solver problems from scratch, you'll explore a simple Solver problem and walk through its creation and solution.

Consider this situation: you have a number of credit cards, each of which you make monthly payments against. Each credit card has different interest rates and default payment terms. Some cards require very small payments but take forever to pay off, while others require larger payments and are designed to be paid off in a relatively short period of time.


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