nayahorne12 nayahorne12
  • 13-09-2021
  • English
contestada

Is a high interest rate better when you're a borrower or a lender? Why?

Respuesta :

mq8 mq8
  • 13-09-2021
(Give brainliest plz) Inflation allows borrowers to pay lenders back with money worth less than when it was originally borrowed, which benefits borrowers. When inflation causes higher prices, the demand for credit increases, raising interest rates, which benefits lenders.
Answer Link

Otras preguntas

Michael speaks in Lines 600-602 of "The great deliverance by her Seed to come (For by the Woman's Seed) on all Mankind, That ye may live." To what is Michael re
Which quotation from "The Story of the Fisherman” in The Arabian Nights Entertainments supports the theme that cleverness trumps wrath?
Is the sequence arithmetic? If so, identify the common difference. 17, 22, 33, 46, ... yes; 5 no yes; -5 yes; 11
Solve -10+ √(2x+1)= -5
dna is composed of reapiting structural units Called​
What fruit did global warming bring to Europe around the year 1000 A.D.
During its first year of operations, Collin Raye Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 80,000 shares for ca
Consider the function f(n) = 18n 2 − 2n 2 log (n) + 5n 3 which represents the complexity of some algorithm. (a) Find the smallest nonnegative integer p for whic
Einar sees Alexandra every day across the room in his history class, but has never talked with her. Einar likes the way Alexandra looks, including the way she d
Which phase of matter contains particles that split into ions and electrons?