Rachel’s credit card billing statement says she owes $350 for purchases last month. Her minimum monthly payment is $25. If she doesn’t have the full $350 to pay it off, but has more than the $25 minimum, what should she do?
1) Pay more than the monthly payment amount.
2) Pay the $350 by using a different credit card.
3) Wait until she has the $350 before paying the credit card bill even though she will get a late fee.
4) Only pay the minimum payment.