Michelle has four credit cards with the balances and interest rates listed below. rather than budget to pay each of the credit cards off in 36 months, michelle would like to pay them off one at a time based on the balance for each credit card. in which order should michelle pay off her credit cards?

The answer is: B) 4,1,3,2

Explanation:

Michele's credit cards have the following balances and APRs

Credit Card         Balance       APR

      #1                 $4,380          17%  

      #2                $1,365          19%

      #3                $2,480         23%

      #4                $5,000         15%

If she wants to start paying them off one at a time depending on their balance, she could start by paying the credit card with the highest balance, then continue with the second highest balance and so on. She would pay first her credit card #4, then #1, #3 and finally #2.  

c

Explanation:

Michelle has four credit cards with the balances and interest rates listed below. Rather than budget to pay each of the credit cards off in 36 months, Michelle would like to pay them off one at a time based on the balance for each credit card. In which order should Michelle pay off her credit cards?

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.