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When it comes to saving, lower interest rates means that your money grows more quickly. a. True b. False
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1 vote
When it comes to saving, lower interest rates means that your money grows more quickly.

a. True
b. False

User Ericx
by
4.1k points

2 Answers

3 votes

Answer:

False.

Step-by-step explanation:

Econlowdown said true is incorrect, the question is the same.

User Mokagio
by
3.4k points
6 votes

Answer: a)true

Step-by-step explanation:

lower interest rate means less money earned for the bank they have to charge high interest rates in order to get more money you profit more because less spent money means more money earned

sorry i was thinking about the banks profit hope this helps! :)

User Meliksahturker
by
3.6k points
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