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torisob [31]
3 years ago
14

1. A interest rate that does not change during the life of the loan is a

Business
1 answer:
Kisachek [45]3 years ago
6 0

Answer:

1,C. Fixed

2.D. Variable

Explanation:

A fixed-rate loan has an interest rate that doesn't change throughout the life of the loan. Because the rate remains the same for the entire term, the monthly loan payment shouldn't change, resulting in a relatively low-risk loan. As you compare loan options, note whether or not loans feature fixed rates

.A floating interest rate, also known as a variable or adjustable rate, refers to any type of debt instrument, such as a loan, bond, mortgage, or credit, that does not have a fixed rate of interest over the life of the instrument.

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4 0
3 years ago
Why is there scarcity even in an affluent country like the united states?.
Law Incorporation [45]

Answer:

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2 years ago
An alcohol server must complete an abc approved rbs training program and pass an abc administered exam within ____ calendar days
Virty [35]

An alcohol server must complete an ABC-approved rbs training program and pass an ABC-administered exam within 60 calendar days of employment.

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6 0
2 years ago
All of the following programs provide direct cash transfer except __.
zlopas [31]
My answer would be d.
6 0
3 years ago
Based on the weight of the consumer price index (CPI), the price of rental housing increases by 15% and that of owned housing by
Levart [38]

Answer:

D) all other factors being constant, it is likely the CPI would rise during the year in question.

Explanation:

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3 years ago
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