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18. When is the BEST time to take out a loan? A. when expenditures are high. B. when the cost of money is low. C. when the cost of money is high. D. when the risk of bankruptcy is high.
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Aug 8, 2021
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18. When is the BEST time to take out a loan?
A. when expenditures are high.
B. when the cost of money is low.
C. when the cost of money is high.
D. when the risk of bankruptcy is high.
Social Studies
high-school
Jtanmay
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The answer is B ;) the more money you take out the more you have to pay back
Krowi
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Aug 10, 2021
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I would think it would be B. Cause you wouldn’t want to risk bankruptcy. And when the cost of money is high, you’d have to pay more to pay off loans. I’m not sure though.
Robinvdvleuten
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Aug 14, 2021
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