Why will high interest rates likely mean

Reference no: EM133633341

Question: Sandra is a CEO of a small start-up who has to borrow money from a bank. Why will high interest rates likely mean that she will have to return more money? It is the amount of taxes she has to pay. It is the amount of money she has in the bank. It is an administrative cost incurred by the bank. It is the cost of borrowing money.

Reference no: EM133633341

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Why will high interest rates likely mean : Why will high interest rates likely mean that she will have to return more money? It is the amount of taxes she has to pay. It is the amount of money she has

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