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:
false
Explanation:
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Because of the Spanish American War (1898) the Philippines-American War (1899 - 1903), Hawaii became a strategic position for the ships sailing from the U.S. to the Philippines and on the way back as waypoint where ships could re-supply or make repairs. Even the still highly naval base of Pearl Harbor was established around this time, in 1899.
Answer:
Mexico had more Spanish settlers because of gold.
Explanation:
Answer:
you still never got the answer to this its easy. its C.To establish a blockade of southern ports.
Explanation:
Edge 2021 ur welcome