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?
The correct answer is true. To maintain your body temperature, your body converts chemical potential energy into thermal energy. The human body converts the energy stored in the food into some other energy specifically thermal energy.