Question: David has run into some debt problems. He currently has the following credit card debt and can only pay $ 2 5 0 ? month.

David has run into some debt problems. He currently has the following credit card debt and can only pay $250? month.
Which strategy below will save him the most on interest expense?
Pay the minimums on cards 2&3 and everything else pay toward Card #1
Transfer Card #1 balance to Card #3 and then pay the minimum on Card #3 while paying everything else on Card #2
Pay the minimums on cards 1&2 and everything else pay toward Card #3 so he can pay it off quickly and build some
momentum
Pay the minimums on Cards #1 and #3 and pay everything else on Card #2 since it has the highest outstanding balance
 David has run into some debt problems. He currently has the

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