For a fixed-rate loan, the interest rate remains the same throughout the life of the loan. For a variable-rate loan, the interest rate changes based on the time of year.
Answer: Option A
<u>Explanation:</u>
Loan rates are classified into two types: Fixed and Variable. In Fixed loan rates the interest rate prevails the same throughout the loan's life. Variable loan rates are also called floating loan rates. This interest rate will oscillate based on the outstanding balance as well as market rates.
These rates will be changed periodically like monthly, quarterly, half-yearly or annual basis. Comparing to the fixed rate, it is harder to estimate the interest rate for the borrowers. It can be increased or even decreased based on the loan's life.
The Portuguese were among the first Europeans to explore the
seas beyond Europe. Henry the Navigator urged his father, King John I, to
conquer the port of Ceuta in Northern Africa. He also sponsored the development
of the Caravel, a sailing ship that is lighter and faster than most ships at
that time. Use of caravels enabled sailors to travel further and with more
provisions, and the light draft enabled Portuguese sailors to explore shallow
rivers and waters. He also sponsored explorations to Madeira, Azores, and West
Coast of Africa.
The Epic of Gilgamesh is one of the oldiest stories that has been written in the history of mankind; oldest preserved stories at least. It was written on clay tablets which are to some extent still preserved today. And this is a feat which has immeasurable value considering what we can learn from it.
Answer:
The six essential elements are as follows:
The World in Spatial Terms: How are things spaced out, why are they spaced out that way
Places & Regions: Specific areas and what defines them.
Physical Systems: Physical Geography(mountains, rivers, etc)
Human Systems: Populations and how they interact (cultures, religions, economic activities, migration and their movements)
Environment and Society: I don't think this one needs an explanation
The Uses of Geography: Just as the name of this implies it's how geography is used.
Answer:Because that's when great tasks were accomplished.
Explanation:
