Question

If an individual has an outstanding balance on a credit card at 15 percent interest, money in a savings account earning 5 percent, and an opportunity to invest some money earning a 12 percent return, the individual should

Answer 1

i think you would add the percent together

Answer 2

not sure tho

Answer 3

well its worth a try

Answer 4

btw what are the options for this question it look like a multiple choice

Answer 5

use all available funds in the investment opportunity.
pay a small amount on the credit card and save the rest.
use all available funds, including savings, to pay off the credit card.
put an equal amount of money toward each option.

Answer 6

it would be C , i think you have to pay of credit card and then do other things

Answer 7

C - use all available funds, including savings, to pay off the credit card.

Answer 8

ok

Answer 9

THX

Answer 10

thank you