INCORRECT!
Oops! Keep Pushing!
“Too many people spend money they earned…to buy things they don’t want…to impress people they don’t like.” – Will Rogers
Need A Hint?
Paying only the minimum avoids some penalties now but increases total interest paid over time.
Did You Also Know...
By Quiz Coins
APR reports interest without compounding, while APY includes compounding — so APY will usually look larger.