Jessica thinks that everyone would be better off if financial institutions stopped issuing credit. which statement accurately supports her argument?
people would pay less in interest fees.
people would have greater protection in case of emergencies.
people would need to save for many years to buy a home or open a business.
people would support the economy through purchases of more goods and services.

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?