Answer:
they did not want to get involved
Explanation:
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.
Following the rules can keep you out of trouble and focus on what is important
Showing up at school on time helps you learn discipline
Respecting others will help you go far and will lead to people treating you well.
Being honest helps people trust you
Exercising is good for stress and fitness
Avoiding drugs can keep you out of jail
Working hard leads to achievement
Listening to rap music
Volunteering at the Boys or Girls Club lets you share your knowledge and skills
Tutoring other students shares your knowledge
