Question: It is aleays the case that the minimum payment is more than the monthly finavce charge. Explain what mosid happes to the balance if the

It is aleays the case that the minimum payment is more than the monthly finavce charge. Explain what mosid happes to the balance if the minimum payment were less than the mont finance cherge.

The belance would increase.

The balance would remain the same.

It cannot be determined.

The balance would decreane.

It is aleays the case that the minimum payment is

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