3 years ago

Consumers should be concerned about high interest rates because high interest rates __________.

1 answer:

8 0

Consumers should be concerned about high interest rates because high interest rates make it harder and more expensive to pay back loans and debts, since the banks charge more interest that is often compounded monthly or yearly.

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source: http://www.iun.edu/~cpanhd/C101webnotes/composition/dalton.html

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