Why does paying off the highest interest rate credit card first make the most mathematical sense

as we know credit card has the highest interest rate among all debt that an individual can take. highest interest rate means the interest expense is highest for the credit card among all loans. so you would like to payoff what is most expensive first and then take care of lower interest debt.

paying off this most expensive debt first means you prevent any compounding of interest on your credit card debt. since the interest rate is very high, not paying paying off means interest will compound very fast and you will lose a lot more in the long run. because of these reasons it makes perfect sense to pay of credit card loans first.

your answer is 228

step-by-step explanation:

add the top and bottom bases together, then divide them by 2, then multiply by the height.

steve should create a type of business report called a business plan. the correct option among the options that are already given in the question is the last or the fourth option. this business report created by steve will actually influence the investors about investing their money in steve's business. this business report will have all the details about the business, the amount of investment required and the amount of expected profit.