Question
The cost to benefit analysis is the most appropriate way of choosing a credit card that best suits your needs. a) true b) false Which
The cost to benefit analysis is the most appropriate way of choosing a credit card that best suits your needs.
a) true
b) false
Which of the following reasons support(s) the idea of using cash to buy consumption goods and borrowing money to invest? a) Interest charges on consumer loans are much higher than those on investment loans.
b) Interest expenses on consumer loans are not tax deductible whereas interest expenses on investment loans are tax deductible.
c) Borrowing money to acquire consumption goods will increase net worth.
d) Borrowing money to acquire consumption goods will normally increase net worth while borrowing money to invest will normally decrease net worth.
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