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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
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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To determine which credit card to focus on paying off first we need to compare the factors that contribute to the overall cost and financial impact of ...
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
15th Edition
978-0357438480, 0357438485
