Question

The savings and loan crisis in the late twentieth century was caused at least partially by which of the following?

Answer 1

what are your choices?

Answer 2

a. the lack of checking accounts and inadequate business loans
b.inadequate money supply and lack of federal coverage of savings and loan banks
c.overly strict regulation, low interest rates, and lack of consumer confidence
d. high interest rates, bad loans and fraud

Answer 3

Its D.

Answer 4

thanks

Answer 5

welcome

Answer 6

i have another question

Answer 7

mkay. what is it?

Answer 8

what is the difference between simple and compound interest

Answer 9

Simple interest is the interest payed on an amount of money and doesn't change even if the given amount of money varies as the amount obtained from the calculation of the interest is added to that sum
wheres compound interest is the amount of interest payed on an ever changing sum of money since the interest is calculated according to the new sum of money obtained when the interest has been added to the sum.

Answer 10

alright thanks i got it

Answer 11

Awesome c: