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July 26, 2014

Homework Help: english

Posted by rhonda on Thursday, September 23, 2010 at 11:08pm.

In a total of 200 words, write two paragraphs with about how interest rates affect our purchasing decisions.
Identify the topic sentence in each by underlining it
i was wnating to know what else i can put with this to complete my assignment any ideas?


if you have cash, in times of high interest and probably high inflation, you may wish to spend rather than see your capital depreciate in value. If it is high interest low inflation you would want to invest your money and not spend. If you are planning to borrow - high interest rates make this less attractive and so disincline you to spend. If inflation is high as well, you may buy and bank on your debt decreasing in value over time.

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