Business, 15.07.2020 21:01, keylor97

Jessica is very proud of herself for having $5,000 in her savings account that pays 4 percent interest. She currently has a balance of $2,300 on her credit card account that charges 21 percent interest. Jessica thinks she is making a wise financial decision by keeping her money in her savings account instead of paying off her credit card balance. What financial principle from Chapter 1 would you use to give her good advice

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Jessica is very proud of herself for having $5,000 in her savings account that pays 4 percent intere...