Question

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

Answer 1

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