melbm2005
melbm2005 melbm2005
  • 12-02-2021
  • Business
contestada

Explain why making the minimum payment leads to paying the most interest.

Respuesta :

Cailin1355
Cailin1355 Cailin1355
  • 12-02-2021

since the price is so low the interest goes up because you paid just a little and so they want to get more off of that purchase.

Explanation:

Answer Link

Otras preguntas

Why did the British Parliament impose taxes on the colonists after 1763? a. to pay for King George's lavish lifestyle b. to pay off the debts from the French an
What is 9 squared in standard form
What are 2 irrational numbers between 13 and 15
Find the greatest common factor of 42, 28, and 70.***I MEAN MATH OOPS***
Early humans had to endure changes in climate and environment. true false
Which of the following can be used to cut DNA so it can be studied? A. restriction enzymes B. gel electrophoresis C. karyotypes D. haplotypes
Germany hoped to achieve a quick victory in the First World War by invading which country first? A. Russia B. Great Britain C. France D. Serbia
What is 9 squared in standard form
Germany hoped to achieve a quick victory in the First World War by invading which country first? A. Russia B. Great Britain C. France D. Serbia
Find the greatest common factor of 42, 28, and 70.***I MEAN MATH OOPS***