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18. When is the BEST time to take out a loan? A. when expenditures are high. B. when the cost of money is low. C. when the cost of money is high. D. when the risk of bankruptcy …

18. When is the BEST time to take out a loan? A. when expenditures are high. B. when the cost of money is low. C. when the cost of money is high. D. when the risk of bankruptcy …
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1 vote
18. When is the BEST time to take out a loan?

A. when expenditures are high.

B. when the cost of money is low.

C. when the cost of money is high.

D. when the risk of bankruptcy is high.

asked
User Jtanmay
by
7.7k points

2 Answers

2 votes
The answer is B ;) the more money you take out the more you have to pay back
answered
User Krowi
by
8.1k points
3 votes
I would think it would be B. Cause you wouldn’t want to risk bankruptcy. And when the cost of money is high, you’d have to pay more to pay off loans. I’m not sure though.
answered
User Robinvdvleuten
by
8.2k points
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