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You have some cash. you can either invest in a short-term bond that pays 4% or payoff some credit card debt at 9%. what should you do?

You have some cash. you can either invest in a short-term bond that pays 4% or payoff some credit card debt at 9%. what should you do?
asked 18.6k views
1 vote
You have some cash. you can either invest in a short-term bond that pays 4% or payoff some credit card debt at 9%. what should you do?

asked
User Pepo
by
8.0k points

2 Answers

1 vote
short term bond is the safe option in the giving options
answered
User Orane
by
8.0k points
1 vote

Pay-off the credit card.

answered
User Evelyn
by
8.0k points
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