Register
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.
120k views
1 vote
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.

User Jtanmay
by
5.7k points

2 Answers

2 votes
The answer is B ;) the more money you take out the more you have to pay back
User Krowi
by
5.6k points
3 votes
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.
User Robinvdvleuten
by
5.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.6m answers

Other Questions

What caused the Great Rift Valley and the Great Escarpment? flooding glaciers plate movement precipitation
During the 19th Century rubber was produced in the Congo Free State amidst horrendous conditions of forced labor. The Congo Free State was under the control of which colonial power?
What system prepares the body for the fight-or-flight response in stressful situations? Somatic nervous system Sympathetic nervous system Parasympathetic nervous system Central nervous system
Knowing indicators of an unstable person can allow you to identify a potential insider threat before an incident
What happens if you get a f in middle school?
Link Copied!