3 years ago

Would it be better to have a higher interest rate on a loan or on an investment? Explain.

1 answer:

7 0

Answer:

When a company borrows money it is better to have a low interest rate. The lower the interest rate, the less amount of money the company has to pay back as interest on the loan.

Step-by-step explanation:

Is it better to have a higher interest rate when a company borrows money or to have a lower interest rate?

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it takes Joey 1/16 of an hour to write one Thank you card how many cards can he write in 3/4 of an hour?

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To solve this problem you will need to use the cross product method:

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There you go! I really hope this helped, if there's anything just let me know! :)

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