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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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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
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2 Answers

2 votes
The answer is B ;) the more money you take out the more you have to pay back
User Krowi
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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
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