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When Jeff receives his credit card bill, he pays the minimum balance, plus $50. When Sue receives her credit card bill, she pays the minimum balance. Since they each have a credit card balance of $3,000,
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When Jeff receives his credit card bill, he pays the minimum balance, plus $50. When Sue receives her credit card bill, she pays the minimum balance. Since they each have a credit card balance of $3,000, who pays more in

interest?

A) Jeff
B) Sue

User Krupa Patel
by
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1 Answer

16 votes
16 votes

When Jeff receives his credit card bill, he pays the minimum balance, plus $50. When Sue receives her credit card bill, she pays the minimum balance. Since they each have a credit card balance of $3,000, who pays more in interest?

A) Jeff

B) Sue

User Palmer Dabbelt
by
2.5k points
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