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The snowball method of debt repayment is ... A. when you pay off the loan with the highest interest rate first B. when you pay

The snowball method of debt repayment is ...

A. when you pay off the loan with the highest interest rate first

B. when you pay the minimum amount due on each loan

C. when you apply extra cash equally to all loans outstanding

D. when you pay off the loan with the smallest balance first

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