7
QuizMultiple Choice

Paying Off Debt

Question 7 • HCISD-Mathematical Models with Applications A-CR SUMMER

Michelle has four credit cards with the balances and interest rates listed below. She wants to pay off her credit cards one at a time, based on the interest rate. In which order should Michelle pay off her credit cards?Credit CardBalanceAPR#1$4,380 17%#2$1,365 19%#3$2,480 23%#4$5,000 15%a.3,2,1,4b.1,2,3,4c.2,4,3,1d.4,1,3,2

Answer
A
A
B
B
C
C
D
D
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