So Many Bills, So Little Money: A budget Study Student: Course: EN 205 professor: Dr. Gadzinski mental home PURPOSE Â Â Â Â Â Â Â Â The purpose of this study is to specify which of my snoots would be the most beneficial to pay off this summer. The batting orders study ar transgress Card, visa, MasterCard, and a bank bestow. PROBLEM Â Â Â Â Â Â Â Â The difficulty is the amount of debt I constitute acquired over three long time of college. I do not make enough currency during the school year to pay for the fees, interest, and monthly compensations for these debts. I am paying macroscopical amounts of interest and could be putting that silver toward things that are more than useful. The reason for choosing this problem is to determine the scoop up plan for minify these debts and improving my financial situation. SCOPE The options analyze are as follows: Â Â Â Â Â Â Â Â The Discover Card has a respite of $2987.86. It has a minimal paymen t of $50 per month. The interest go far in is 19.7% one-yearly. It does not have a monthly fee. Â Â Â Â Â Â Â Â The Visa card has a balance of $2147.51. It has a minimum payment of $43 per month. The interest rate is 17.6% one-yearly. It does not have an annual fee. Â Â Â Â Â Â Â Â The MasterCard has a balance of $1413.43. It has a minimum payment of $30 per month. The interest rate is 11.9% annually.
It has an annual fee of $20. Â Â Â Â Â Â Â Â The bank loan has a balance of $1212.00. It has a minimum payment of $98 per month. The interest rate is 7%. There is no annual fee. Th e criteria used to evaluate these options ar! e as follows: 1. How much is the sum up balance? The balance of the bill or bills give on needs to be underage enough to be paid in full and sour by the end of summer. If the bill can not be paid in full, I will... If you want to get a full essay, order it on our website:
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