Business Homework Solutions
#13377
Intro to Statistics Question 2nd TIme
Eric's credit card charges Eric 16% interest. His bank is offering him 5% interest on a savings account. The first thing Eric should do with any extra money he may have is to:
a. Invest in the stock market
b. open a savings account
c. pre-pay for necessities, like rent and utilities
d. pay off the credit card balance.
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