True/False
Paying off loans rather than making additional investments is appropriate when the expected return is higher than the interest rates on loans.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: Loans restrict your spending or saving in
Q63: Which of the following will increase your
Q64: Insurance planning is the key to building
Q65: An important consideration when applying for a
Q66: The first component in creating a financial
Q67: Which of the following should you do
Q69: To monitor your financial plan, you should<br>A)store
Q72: Revising a financial plan<br>A)should only be done
Q77: To increase your net worth,you should<br>A)pay off
Q82: Investing in stocks of large, well-known firms