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:
I think...
Explanation:
It made it possible to separate the seeds from the cotton fiber much faster.
It made cotton farming far more profitable for the plantation owner.
It increased the speed at which cotton could be harvested in the fields.
It led to an increase in the number of plantations across the South.
It caused planters to buy more enslaved people to harvest cotton.
Answer:
ur mom when she uses a shoe
Answer:
Option: D. have a religious refuge of their own.
Explanation:
The inhabited who escaped From Britain to settle in New World were the Puritans. They founded the Massachusetts Bay Colony in 1630. Puritans established colony because they wanted to be free in holding their ideas as well as to escape from being persecuted for their religious beliefs. They came to America with ideas of creating a new society with the idea of freedom.
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Answer:</h2>
During the Revolutionary War, Revere helped fortify Boston against a possible British attack. Frustrated by his defensive posting, he lobbied to be assigned to campaigns against the enemy\.-./©®¤