Siteadmin, Check users, Administrators
6,631
edits
Changes
Jump to navigation
Jump to search
mLine 1:
Line 1: − +
Economics Homework Eleven - Model (view source)
Revision as of 01:08, March 9, 2011
, 01:08, March 9, 2011no edit summary
1. If you were to loan someone money, why would you want him to pay you something extra (interest) when he pays back the loan? Give at least one reason.
1. If you were to loan someone [[money]], why would you want him to pay you something extra (interest) when he pays back the loan? Give at least one reason.
:Instead of loaning money, I could invest the same amount of money and earn more. Interest makes it profitable to loan money. (Mark)
:Instead of loaning money, I could invest the same amount of money and earn more. Interest makes it profitable to loan money. (Mark)