1 point
WILL MARK Hudson always makes the minimum monthly payments on all of his
debts, on ti...
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English, 21.01.2021 02:30 masonorourke
1 point
WILL MARK Hudson always makes the minimum monthly payments on all of his
debts, on time. He receives a raise at work which gives him an extra $250
per month in take-home pay. If his primary goal is to minimize the amount
of interest he'll pay over the lifetime of his debts, which debt should he pay
down most quickly using his increased pay?*
His car loan with a 6.9% interest rate
His credit card with a 19.7% interest rate
His private student loans with an 11.8% interest rate
Ο Ο
O His Federal student loans with a 3.76% interest rate
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Answers: 1
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