9/25 what happens if you go into debt? a youll need to pay back a minimum amount every month. b youll likely…

9/25 what happens if you go into debt? a youll need to pay back a minimum amount every month. b youll likely pay more than you borrowed due to interest. c your net worth will be negatively affected. d all of the above.

9/25 what happens if you go into debt? a youll need to pay back a minimum amount every month. b youll likely pay more than you borrowed due to interest. c your net worth will be negatively affected. d all of the above.

Answer

Brief Explanations:

When in debt, lenders usually require a minimum monthly payment. Interest charges mean paying more than the borrowed amount. Debt also reduces net - worth as it is a liability.

Answer:

D. All of the above