grace9051 grace9051

10-04-2019
Social Studies

contestada

What happens when interest rates are lowered?

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aviendhar aviendhar

10-04-2019

Wow this is a complicated question okay. So interest is basically like the fee you pay or the bank pays you. If interest was lowered for the bank they would pay you less while if interest rates where lowered for you, you would pay less to the bank.

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