Float rate_of_pay a declaration for a variable rate_of_pay that can hold values like 11.50 or 12.75.
What is float rate_of_pay?
- In contrast to fixed (or unchangeable) interest rates, floating interest rates change on a regular basis. Companies that offer credit cards and mortgages frequently use floating rates.
- Floating rates follow the market, a benchmark interest rate, an index, or both.
Is a fixed or floating rate preferable?
- In a rising rate environment, banks offer fixed rate loans at a higher rate than variable rate loans in order to profit more from the latter when rates rise.
- Fixed rate loans may have interest rates that are 300–350 basis points higher than floating rate loans.
float rate_of_pay
rate_of_pay = 11.50, 12.75;
Learn more about Float rate_of_pay
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2 out of 5 chance that you will attests get 3
Answer:
its c
Step-by-step explanation:
Answer:
I'm not on this level of school
By flipping the fraction of -3/7, you will get the fraction of -7/3 or - 2 1/3.
Therefore, the reciprocal of -3/7 is - 2 1/3.
Hope this helps!
