In the next step, divide the total balance owed by its respective minimum monthly payment for each and every bill
. The resulting figure is called Priority Index for each bill. Then, arrange all the bills in the order, starting from the lowest priority index to the highest. As the final step, add the full accelerator amount to the monthly minimum payment at the top of the priority list and do that every month until it is paid off, paying the minimum on all other bills. When the debt with the top priority index is paid off, a new accelerator is to be calculated by adding the monthly payment of the bill that was just paid off to the old accelerator. Then this new accelerator is to be applied to the second bill in the same proce