Alvin's Credit Card Charges Him 18% Interest on His Unpaid

Multiple Choice

Alvin's credit card charges him 18% interest on his unpaid balance. His bank is offering him 1% interest on a savings account. The first thing Alvin should do with any extra money he may have is to

A) invest in the stock market.
B) open a savings account at the bank.
C) pre-pay for necessities, like rent and utilities.
D) pay off the credit card balance.