I’m a graduate. Give me some credit! Parent Involvement Grade 12 PAY IT OFF CREDIT CARD BALANCE $_____________ CREDIT CARD INTEREST RATE _________% MONTHLY PAYMENT $___________ (10% of balance is the minimum allowed) TOTAL NUMBER OF MONTHS TO PAY IT OFF _________________ Now, double your monthly payment to $__________________ TOTAL NUMBER OF MONTHS TO PAY IT OFF _________________ Think about the items you charged. Would you still have them and be using them when you paid the card off? What does this say to you about credit card use?
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