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Q: Type in $5,000 for “What is your credit card balance?” Type in $150 for “What fixed payment could you make each month?” Do you think it is better to pay only the minimum payment or pay the higher
monthly amount? Explain why.
A: Hello If its for a credit card, always pay more than the minimum amount, otherwise you will never decrease your balance, you will just be paying on the interest.
Expert answered|DEANA|Points 96|
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Asked 10/4/2010 7:19:35 PM
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