Which of the Following Is Not True

question 62

Multiple Choice

Which of the following is not true?

• A)You should use all of your liquid assets to pay off loans
• B)Paying off loans is appropriate when the interest rate is relatively high
• C)Paying off loans is wise when the expected rate you will earn on investments is lower than the interest rate on the loan
• D)Loan payments you make restrict your spending and saving and may prevent you from achieving financial goals

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