Friday
March 27, 2015

Homework Help: macro

Posted by evan on Wednesday, March 18, 2009 at 10:11pm.

Suppose you were borrowing money to buy a car. Which of these situations would you prefer:The interest rate on your car loan is 20 percent and the inflation rate is 19 percent or the interest rate on your car loan is 5 percent and the inflation rate is 2 percent? explain

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

macroeconomics - Suppose you were borrowing money to buy a car. Which of these ...
eco - Suppose a person pays $80 of annual interest on a loan that has a 5 ...
macroeconomics - Assume that a series of inflation rates is 1 percent, 2 ...
Macroeconomics - Assignment Question I can't find an answer too: Assume that a ...
Macroeconomics - Assignment Question I can't find an answer too: Assume that a ...
Algebra - This assignment is about a car loan. A financial institution in your ...
math - Suppose you borrow $1,000 of principal that must be repaid at the end of ...
Economics - If the velocity of circulation is constant, real GDP is growing at 3...
finance - The banks offers a rate of 8 1/4 percent with a 20percentcompensating ...
consumer math - Alisha has a five-year car loan of $15,000 with an interest rate...

Members