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Explain what does interest mean
Which is not a way to explain that compound interest grows exponentially? (1 point)
The interest is calculated on the principal
1 answer
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Would a change in the interest rates from 8% to 7% encourage a bank's customers to borrow more money? Explain.(1 point)
Respons
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LostCoward
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You want to explain to your friend that your bank’s interest rate has gone down from 1.2% to 0.3%. Which sentence below has
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jordan
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Does a low interest rate encourage people to borrow or to save? Explain.(1 point)
Responses A low interest rate encourages people
1 answer
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Does a low interest rate encourage people to borrow or to save? Explain.(1 point)
Responses A low interest rate encourages people
1 answer
73 views
Does a low interest rate encourage people to borrow or to save? Explain.(1 point)
Responses A low interest rate encourages people
1 answer
asked by
Alex_West_Wife197
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Does a low interest rate encourage people to borrow or to save? Explain.(1 point)
Responses A low interest rate encourages people
1 answer
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Does a low interest rate encourage people to borrow or to save? Explain.(1 point)
Responses A low interest rate encourages people
1 answer
149 views
Does a low interest rate encourage people to borrow or to save? Explain.(1 point)
Responses A low interest rate encourages people
1 answer
asked by
Big Money$
152 views
Does a low interest rate encourage people to borrow or to save? Explain.(1 point)
Responses A low interest rate encourages people
1 answer
54 views