What are the long term effects of making credit card, Financial Management

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What are the long term effects of making credit card

1. What are the long term effects of making credit card purchases with only minimum payment made?

2. The ability to enforce debt depends upon the proportion of municipalities favoring repayment. Localities benefit from maintaining their state's reputation for enforcement. Do you agree or disagree?

3. Suppose you have 3 years to live and you value each year of life at $7 million but have a discount rate of 5%. How much do you value the rest of your life in today's dollars?

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Financial Management: What are the long term effects of making credit card

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