Option A. a fixed-rate loan - is the right answer.
Evelyn has taken out a college loan. She needs to pay $500 every month for two years to repay the loan.
As the monthly payment is same, this shows that the loan must be fixed rate.
If it would have been a variable rate loan, the monthly payments will not be the same for the loan tenure. They will change with time.
So, the answer is - A. a fixed-rate loan
Answer:
I think your answer is A. This sounds like a fixed-rate loan.
The correct answer would be 11:32am. i hope this helps!
x = 3
Steps:
There you go!
1. mean=1.5, median=1.7, mode is 1.8
2. mean=102,median=134, mode=no mode
3. mean=1885,median=2300, mode=2300
Step-by-step explanation:
2750
