Julia
needs to borrow some money to buy a new computer. Currently the rate is 12%, but she can
reasonably expect it to drop to 10%.
Which two statements are true?

Question

Julia
needs to borrow some money to buy a new computer.  Currently the rate is 12%, but she can
reasonably expect it to drop to 10%. 
Which two statements are true?

Answer

It does not matter because she is borrowing at
12% anyway

Answer

Then she could borrow more

Answer

Her feasible set expands

Answer

She will reimburse the loan faster

Crowdly

Julia needs to borrow some money to buy a new computer. Currently the rate is 1...

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