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Allison decides to get serious about paying off her debts, and has listed them all below. $600 in credit card debt at a 26.99% annual
Allison decides to get serious about paying off her debts, and has listed them all below. $600 in credit card debt at a 26.99% annual interest rate a $15,000 car loan at a 6.7% annual interest rate a $2,000 credit line against her investments at a 4% annual interest rate $75,000 in student loans at a 3.25% annual interest rate $43,800 of consolidated debt at a 3% annual interest rate Allison discovers there's another method of paying off debts, the debt avalanche strategy. How would Allison prioritize her debts with this approach? 1) (First paid) 2) 3) 4) 5) (Last Paid)
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