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GoodMad_ GoodMad_
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8 years ago
The higher the rate of interest you can earn on your investments, the ________ it is to prepay an installment loan.
A) less appealing
B) more appealing
C) There is no connection between the two.
D) The connection can be made more specific; any time your investment rate exceeds the loan APR, you should prepay the loan.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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imoyseimoyse
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8 years ago
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GoodMad_ Author
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8 years ago
Another one bites the dust, as in, it's right Smiling Face with Open Mouth
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