9/25\nwhat happens if you go into debt?\na youll need to pay back a minimum amount every month.\nb youll…

9/25\nwhat happens if you go into debt?\na youll need to pay back a minimum amount every month.\nb youll likely pay more than you borrowed due to interest.\nc your net worth will be negatively affected.\nd all of the above.

9/25\nwhat happens if you go into debt?\na youll need to pay back a minimum amount every month.\nb youll likely pay more than you borrowed due to interest.\nc your net worth will be negatively affected.\nd all of the above.

Answer

Brief Explanations:

When in debt, typically a minimum monthly payment is required (A). Interest on the debt means you pay back more than the borrowed amount (B). Debt reduces assets relative to liabilities, negatively impacting net - worth (C). So all are correct.

Answer:

D. All of the above