Question

When should you look for a bank or credit union that offers the LOWEST interest rates?

A. When borrowing capital to start a business
B. When opening checking and savings accounts
C. When placing money into long-term investments
D. When purchasing certificates of deposit (CDs)

Answer 1

a

Step-by-step explanation:

Answer 2

A. When borrowing capital to start a business

Step-by-step explanation:

When you want money, you must pay for it. the price of the money is called "interest" thus, if you are expecting to open up a business a need money for it you must acquire that money at the cheapest price possible. This means at the lowest interest rate.