Question

A ___ ___ rate loans is one in which the interest rate charged on the loan will remain constant for the life of the entire loan, resulting in steady, unchanging repayment for the borrower.

Answer 1

The correct answer would be Fixed Interest.

The fulfilled sentence is:

A Fixed Interest rate loans is one in which the interest rate charged on the loan will remain constant for the life of the entire loan, resulting in steady, unchanging repayment for the borrower.

With a fixed-rate loan, the interest rate charged on the loan remains constant throughout the entire loan term.

Hope it helps!