Paying off loans rather than making additional investments is appropriate when the expected return is higher than the interest rates on loans.

Name: Paying off loans rather than making additional investments is appropriate when the expected return is higher than the interest rates on loans.
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Question

Quizplus · Accepted Answer

Paying off loans may be appropriate when the interest rates on loans are higher than the expected return on investments. It depends on individual circumstances and priorities.

Paying Off Loans Rather Than Making Additional Investments Is Appropriate