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trapecia [35]
3 years ago
13

Would you prefer a high or low-interest rate for a savings account? for a loan? Explain for both.

Mathematics
1 answer:
Stells [14]3 years ago
8 0

explanation:

<u><em>Low interest rates are better than high interest rates when borrowing money, whether with a credit card or a loan. A low interest rate or APR (annual percentage rate) means you're paying less for the privilege of borrowing over time. High interest rates are only good when you're the lende</em></u>

<u><em>-by TheRealMarinette</em></u>

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