Question: # Alice wants to use the stack method to pay down her debts listed in the table below. If she applies an extra $150 a

# Alice wants to use the stack method to pay down her debts listed in the table below. If she applies an extra $150 a month to her debts, what will be the first debt she targets to pay off and what will be the monthly amount she applies to it? Debts Interest Rate Minimum Monthly Payment $75 Debt 1 5.5% Debt 2 2.75% $250 Debt 3 13.25% Debt 2, $400 Debt 2, $150 Debt 3, $300 Debt 3, $400

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