Question

NEED HELP MEDAL + FAN

Answer 1

How do interest rates impact businesses?

Answer 2

@Jaynator495 @texaschic101

Answer 3

Interest rates are an everyday part of business. Companies pay interest on money they borrow, and when they have extra cash, they receive interest when they place that cash in a safe investment. Companies also charge interest when their customers buy goods and services on credit. A rise or fall in interest rates affects these business activities as well as the buying habits of the company's customers.

Answer 4

interest rates remove some of the profit that are mad in business that made loans to opperate intrest rates also make less money available to people that are paying of houses resulting in their not purchacing as much from businesses. this also flows on to renters of homes. the higher the rates the lower the economic activity.

Answer 5

thanks @coolaidkiddo123

Answer 6

np :)