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.

I don't understand your last sentence.

I don't know why you put so much into inflation. That wasn't part of your assignment.

You need to go into more detail about the topic. You've made some good points, but you need to expand on them.

Write one paragraph about purchasing decisions and savings at a time of high interest rates. The other paragraph should be about purchasing decisions and savings at a time of low interest rates.

Be sure to identify your topic sentence for each paragraph.

If you post your next draft here, someone will be glad to critique it.

In a total of 200 words, write two paragraphs about how interest rates affect our purchasing decisions.

Paragraph 1:
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. The topic sentence of this paragraph is "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." When interest rates are high, it means that the cost of borrowing money is also higher. This makes borrowing less attractive, which can disincline you to spend. Additionally, if there is high inflation, your purchasing power may decrease over time. Therefore, it may be more beneficial to spend your money on goods or investments rather than hold onto it and risk losing value.

Paragraph 2:
If you are planning to borrow, high interest rates make this less attractive and so disincline you to spend. The second sentence of this paragraph, "If you are planning to borrow, high interest rates make this less attractive and so disincline you to spend," is the topic sentence. When interest rates are high, lenders charge more for loans, increasing the overall cost of borrowing. This can deter individuals from taking on new debt and making large purchases. The desire to avoid accumulating expensive debt may lead consumers to spend less and prioritize essential expenses over discretionary ones. On the other hand, when interest rates are low, borrowing becomes more affordable, encouraging individuals to take out loans and make purchases.

To complete your assignment, you can consider expanding on how interest rates impact different types of purchases such as housing, cars, or credit card debt. You can also discuss the relationship between interest rates and savings, explaining how individuals may be more motivated to save when interest rates are high to earn higher returns on their investments. Additionally, you can explore how monetary policies and central banks play a role in setting interest rates and influencing consumer behavior.