To keep your costs down when paying off a credit card,it is best to
A)make only the minimum payments.
B)pay it off in full.
C)pay it off in four big installments.
D)pay it off in two installments.

Question

Quizplus · Accepted Answer

Making only the minimum payments will result in accruing high interest charges and potentially taking a long time to pay off the balance. Paying it off in full eliminates interest charges and saves money in the long run. Choosing to pay it off in four or two big installments may not be feasible for some individuals depending on their income and expenses.

To Keep Your Costs Down When Paying Off a Credit