11.(03.03 LC)
What does a low interest rate indicate? (5 points)

A poor salary

Increased risk

A higher credit score

Zero loan fees

Respuesta :

Answer:

b or d

Explanation:

can't deside

A low interest rate indicates a higher credit score. This credit score become low when the interest rate will be lowered. Option C is correct.

What is the interest rate?

An interest rate is the amount of interest due consistent with period, as a percentage of the quantity lent, deposited, or borrowed.

The general interest on a quantity lent or borrowed relies upon at the major sum, the interest price, the compounding frequency, and the duration of time over which it's miles lent, deposited, or borrowed.

If the interest rate is low, then the capacity of consumers to buy a certain good increased, and the demand of credit also increased, if the credit demand increased, then there will be the higher credit score.

Therefore, option C is correct.

Learn more about the interest rate, refer to:

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