Jay is an 21 year old college senior. He reads on a financial blog that interest rates are being lowered by the Federal Reserve. Which of these situations might Jay decide to do…

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asked Mar 18, 2020 90.2k views

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David Miguel · Answer 1 · 2020-03-25T04:19:48+0000

Answer: Purchase a new car

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I have found that the answer is that Jay is considering to buy a new car but I can't sat the right the right explanation of it. I think that he needs a car because he is going to college and he would need a car soon. He is also having 21 years and he is not considered more as ''Young driver''.

Jay is an 21 year old college senior. He reads on a financial blog that interest rates are being lowered by the Federal Reserve. Which of these situations might Jay decide to do…

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