ning Name Melisa Torrijos Loan Payments, Credit Cards, and Mortgages Date Period 1-4: Decide whether each of the following statements makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning. 1. The interest rate on my student loan ie onlu 4. I carry a large credit card balance, and I had a credit card that charged an annual interest rate of 12%. So when I found another credit card that promised a 3% interest rate for the first 3 months, it was obvious that I should switch to this new card. ning Name Melisa Torrijos Loan Payments, Credit Cards, and Mortgages Date Period 1-4: Decide whether each of the following statements makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning. 1. The interest rate on my student loan ie onlu 4. I carry a large credit card balance, and I had a credit card that charged an annual interest rate of 12%. So when I found another credit card that promised a 3% interest rate for the first 3 months, it was obvious that I should switch to this new card