Question
You have $3500 in a savings account that earns 1% in interest each month. You also have a credit card with a $3000 balance with
You have $3500 in a savings account that earns 1% in interest each month. You also have a credit card with a $3000 balance with an interest rate of 10%. Should you use your savings to pay off your credit card?
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Corporate Finance Theory And Practice
Authors: Aswath Damodaran
2nd Edition
0471283320, 9780471283324
