Asap
madison wants to buy a used car. she has a credit card with a $12,000 limit and 12% interest rate, or she can get a personal loan from the bank at 7% interest for 3 years. what is the most financially responsible decision? why?

a.
personal loan because it has a lower interest rate

b.
credit card because it has a $12,000 limit

c.
personal loan because it has a higher interest rate

d.
credit card because it has a lower interest rate