When an individual makes minimum payments on a credit card

Last updated: 7/28/2022

When an individual makes minimum payments on a credit card instead of paying as much as possible, A) the time it takes to pay off the credit card increases and the total cost increases B) the time it takes to pay off the credit card decreases and the total cost decreases C) the time it takes to pay off the credit card decreases and the total cost increases D) the time it takes to pay off the credit card increases and the total cost decreases 30) Which of the following is the least risky? A) stock B) savings bond C) collectables D) savings account