LizzbethGonzalezz
LizzbethGonzalezz LizzbethGonzalezz
  • 02-04-2020
  • Social Studies
contestada

What is the difference between helpful and harmful debt? List examples of each. How is insurance a trade-off between risk and cost? Use examples to explain answer

Respuesta :

georgepacheco
georgepacheco georgepacheco
  • 02-04-2020

Answer:

Bad:debts with high or variable interest rates, especially when used for discretionary expenses or things that lose value

GOOD:taking out a mortgage, buying things that save you time and money, buying essential items, investing in yourself by borrowing for more education

Explanation:

Answer Link

Otras preguntas

When Jenny writes the pencil exerts a force of 5N on the paper The Area of the pencil in contact with the paper is 0.5 mm² calculate the pressure of the pencil
Which is better salary offer$550per 40-hour week or $13.00 per hour for 40 hours
The fastest a human has ever run is 27 miles per hour. How many miles power minute did the human run?
How many grams of CO2 are produced by burning 8.32g of C4H10?
what happened to the loyalists property after the revolutionary war was over
by what methods did paleolithic people get food?
What role did the Scientific Revolution play in bringing about the Enlightenment?
What is 25% of 6??? Is it 1.5?
Why is compromise an important part of democracy?
What are the layers of the atmosphere from closest to farthest from Earth's surface?