Question

9.
Complete the following statement: When lending money, the higher the interest rate, _________.

A.
…the more you can borrow

B.
…the less you get paid

C.
…the less you can borrow

D.
…the more you get paid

Answer 1

D. …the more you get paid

Explanation: As a lender, the interest rate is the return you earn on the loan; a higher rate means a larger payment (higher income) from the borrower.