Decide whether the following statement makes sense​ (or is clearly​ true) or does not make sense​ (or is clearly​ false)

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Decide whether the following statement makes sense​ (or isclearly​ true) or does not make sense​ (or isclearly​ false). Explain your reasoning.
I make only the minimum required payments on my credit cardbalance each​ month, because that way​ I'll have more ofmy own money to keep.
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Part 1
Choose the correct answer below.
A.
The statement does not make sense. The same amount of money ispaid in the long​ term, regardless of how much is paid eachmonth.
B.
The statement makes sense. Minimum payments go entirely towardsprincipal.
C.
The statement makes sense. If you spend less money on a creditcard​ loan, then you will have much more spending money everymonth.
D.
The statement does not make sense. It takes a very long time topay off a credit card loan if only the minimum payments are made.This results in much more interest being paid.