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:
Explanation:
The U.S. System of Checks and Balances
In addition to this separation of powers, the framers built a system of checks and balances designed to guard against tyranny by ensuring that no branch would grab too much power
EX- is that the president can veto any bill passed by Congress, but a two-thirds vote in Congress can override the veto. Other examples include: The House of Representatives has sole power of impeachment, but the Senate has all power to try any impeachment.
Answer:
European Plain, one of the greatest uninterrupted expanses of plain on the Earth’s surface. It sweeps from the Pyrenees Mountains on the French-Spanish border across northern Europe to the Ural Mountains in Russia. In western Europe the plain is comparatively narrow, rarely exceeding 200 miles (320 kilometres) in width, but as it stretches eastward it broadens steadily until it reaches its greatest width in western Russia, where it extends more than 2,000 miles.
Answer:
To prevent or delay a bill or nomination from coming to a final vote
Explanation:
Correct answer on USA testprep
Assuming you're referring to Theodore Roosevelt, one of the most successful things he did in terms of regulating big business was the "break up the trusts,"--in that he took to court companies that were suspected of colluding with other firms and forming monopolies.
