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.
I believe it’s the equal pay movement. Meaning you get the same amount of pay regardless of gender
Answer: 2nd Industrial Revolution changed the way people worked and lived.
Explanation: As industrialization became stronger, and mass production was more common, a new social class emerged: middle class, who was employed by the factories, and was able to acquire many items that they produced in them. Their wages were high enought for them to buy more goods, whiche led to consumerism as a way of life for the working people
Answer:
sweatshops are hard labor with little pay and little to no hygiene, these sweathsops could also have many safety hazards such as no fire exits, the sweatshop owners mistreat the workers
Sweatshops still exist they are most common in the east such as asia, china, etc.
