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.
Answer:
Large farms and cattle ranches cover much of the Great Plains. In fact, it is some of the best farmland in the world. Wheat is an important crop, because wheat can grow well even without much rainfall. Large areas of the Great Plains, like this land in Texas, are also used for grazing cattle.
Explanation:
It has led to the invasion and occupation of countries suspected of supporting terrorists.
The correct answer is D, domestication of animals. All other alternatives refer to events that only happened later.
In order to affirm an Agricultural Revolution ocurred, historians have to choose the most important changes and events that determine that from that moment onwards life was different.
The most important thing that supports the idea of an Agricultural Revolution is that humans started to domesticate plants and animals, which made possible for them to settle and stop being nomads.
This lead to the birth of cities and to radically change how those people lived.
