Question

Which of the following statements is FALSE? * 1 point If you pay the MINIMUM PAYMENT of $53.00, you will not have to pay interest for the balance you still owe. If you pay only the minimum payment AND DO NOT make any additional charges on your card it will take you 10 years to pay off your card. If you pay $9.00 more than your minimum payment of $53.00 (or $62.00), you will reduce the time to pay off your credit card debt to three years. If you want to pay off your credit card debt faster you should pay more than the minimum payment every month.

Answer 1

true false knsggvmwugvyskgsktcsu

Answer 2

If you pay the MINIMUM PAYMENT of $53.00, you will not have to pay interest for the balance you still owe.

Step-by-step explanation: