Which of the following is true with regard to rising interest rates?
A) Use short-term loans to take advantage of low interest rates.
B) Select long-term savings options to lock in current interest rates.
C) Use long-term loans to take advantage of current low rates.
D) The term of the loan option is not affected by rising interest rates.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is true with regard to rising interest rates?
A) Use short-term loans to take advantage of low interest rates.
B) Select long-term savings options to lock in current interest rates.
C) Use long-term loans to take advantage of current low rates.
D) The term of the loan option is not affected by rising interest rates.

Which of the Following Is True with Regard to Rising