tbandsss tbandsss

12-05-2022
Mathematics

contestada

Prompt
How would paying off the lowest outstanding balance credit card first be beneficial over paying off the one with the highest
interest rate?

Respuesta :

mharandre10 mharandre10

12-05-2022

Answer:

NOT: Actually paying the one with the highest interest rate is logically the right thing to do, because you can shorten the amount that you spent on interest or charges by month, but paying off the lowest outstanding balance credit card first makes sense if you could transfer the interest balance which is the highest ...

Step-by-step explanation:

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