Question
1. You have two credit cards. Card 1 has a current balance of $8,312.69 with an APR of 24.16%, and the credit limit on the
1. You have two credit cards. Card 1 has a current balance of $8,312.69 with an APR of 24.16%, and the credit limit on the card is $10,000. Card 2 has a current balance of $1,180.34 with an APR of 21.15%, and the credit limit on the card is $7,500. Which credit card you should focus on paying off first and why. Be sure to include the credit card AND the reason for paying that card off first.
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Managing Finance
Authors: CMI Books
1st Edition
1781252181, 978-1781252185
