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 know that the answer is D. Because It wouldn't be A because the new inventions DEFINATLY didn't make work more complex and not b because it was not slower AT ALL and not c because it wasn't more consuming.
Answer:
To give all Mongolians access to the Internet, the government plans to use wireless technology.- first choice.
The correct answer to this open question is the following.
You forgot to include the video, the link to the video, or the name of the video to look for it. This information is necessary to know what you are talking about.
However, doing some research, we can comment on the following.
The colonists addressing this song towards English King George III. What the colonists are doing is expressing the series of complaints stated in the Declaration of Independence drafted by Thomas Jefferson and other four prominent founding fathers, as was the case of Benjamin Franklin, Roger Sherman, John Adams, and Robert Livingstone.
The Second Continental Congress held in the city of Philadelphia, Pennsylvania in July 1776, asked Jefferson to draft the Declaration, citing all the grievances committed by the English crown. The Declaration was finally adopted on the fourth of July of that year.
