It is important to shop around for credit because banks and financial institutions have varying credit histories. charge different fees. follow different laws. have varying discriminatory policies.

follow different laws

Explanation:

In simple words, Shopping around is really a good idea, whether you're obtaining your first credit account or you've already established credit and want more of it. Searching widely is often the only way to locate a lenders that will cooperate with you. It's also the greatest method to obtain a decent bargain in some instances.

Different creditors have different laws, which affect their terms and conditions regarding interest rate, tenure etc.

answer; i do believe that the correct answer is ; ///are valued more highly than their cost;

the interest will be $59.71

hope this