You Are Considering Building a New Deck on Your Home,what

question 84

Multiple Choice

You are considering building a new deck on your home,what factors should you consider when deciding whether to borrow the money or take the money out of your savings account?

• A)You should compare the after-tax return on your savings with the after-tax APR on your loan.
• B)It's simple,if you can afford to pay cash then you should not take out the loan.
• C)What impact the savings withdrawal will have on your liquidity.
• D)Both A and C are correct.

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