12. These high school seniors each bought $1500 of stuff to bring to
college with them in the fall. Each one used a credit card with similar terms
to make their purchases. Who will pay the LEAST interest for their
purchases?
1 point
1. Stephan, who pays the first $1000 using graduation money and then pays $250 per
month until the debt is $0
2. Jasmine, who had saved the $1500 previously and pays off the whole balance once
her bill comes
3. Nelson, who makes the minimum monthly payment each month until the debt is $0
4. Robert, who makes $300 payments per month until the debt is $0
