Mark objects in the picture and name them. [Finish]
In the picture:
Interest owed by paying lowest balance first = $2,641 Interest owed by paying highest interest first = $2,332 SAVINGS = $309
Why would you want to waste $300? I stand by my strategy. Fire on the
highest interest debts first. If you would like to experiment with
different payment strategies, check out this excellent calculator from
Bankrate.com.