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The Negative Aspects of Combining Credit Cards
If we're talking about credit cards, or the downside, if you're making your minimum payment, but your interest is accruing at 25 % annually, that is to be that death spirol. We usually think about compound interests or compounding in terms of the upside potential, right? But it's really, it's just a mathematical formula. So i just quickly set up a little excels reset here, jonathan, just to show what the power of this can be. Yes, it's inan y did mention in passing about the negative aspects of combonting.
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