Soal Kimia Simak UI 2009 Paket 3

Joe has two credit card balances. Card A has a balance of $8000 at 19.8% and minimum payments of $160 per month. Card B has a balance of $6000 at 5.9% with minimum payments of $120 per month. Joe has $400 per month to use for repaying his credit cards. How should Joe attack this debt?
The wisest strategy would be to pay the highest interest debt first. Any additional dollars available should be applied to Card A while only paying the minimum payment on Card B. Once the highest interest debt is paid, use the entire $400 to pay on Card B until that debt repayment is completed. The bottom line is that by paying the highest interest rate debt first; less money is paid in interest resulting in more money in your pocket. That just so happens to be consistent with my objective to "fattening my pockets."







Download Tips

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Change or upgrade your connection. Your internet service provider render service according to your subscription. There is a limit speed associated with each connection. So, go for subscription that meet up with your need. If you are using dial-up connection, make use of Broadband connection for faster speed output. The broadband has Direct Service Line ( DSL) or a cable connection to be chosen for maximum performance.