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britt138 britt138
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If interest rates increase significantly in the future, in what ways will your borrowing decisions and financial ratios be impacted?

▸ Higher rates will increase the amount of loan you can obtain because your debt payment ratios will decrease.

▸ Higher rates will reduce the amount of loan you can obtain because your debt payment ratios will decrease.

▸ Higher rates will increase the amount of loan you can obtain because your debt payment ratios will increase.

▸ Higher rates will reduce the amount of loan you can obtain because your debt payment ratios will increase.
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Personal Finance

Personal Finance


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ochie92ochie92
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