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Mathematics 70 Online
TheJag18:

(Total Costs and Debt Payoff LC) A credit card holder has an outstanding balance on four different credit cards. Which method of paying off the credit card will save the most money? Snowballing payments according to the highest interest rate Snowballing payments according to the lowest balance Making fixed payments each month Paying the minimum balance each month

Phantomdex:

The correct answer would be snowballing her payments according to the lowest balance. This is because if she does this, it'll take less time and money to pay off. That way she also has money for other things as well.

TheJag18:

awsome :)

Phantomdex:

:]

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