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madison wants to buy a used car. she has a credit card with a $12,000 limit and 12% inte...
Mathematics, 30.01.2020 05:00 kaiyerecampbell95
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madison wants to buy a used car. she has a credit card with a $12,000 limit and 12% interest rate, or she can get a personal loan from the bank at 7% interest for 3 years. what is the most financially responsible decision? why?
a.
personal loan because it has a lower interest rate
b.
credit card because it has a $12,000 limit
c.
personal loan because it has a higher interest rate
d.
credit card because it has a lower interest rate
Answers: 1
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