What is one difference between fixed-rate mortgages and variable-rate mortgages?

Mathematics

2 answers:

STALIN [3.7K]3 years ago

5 0

Answer:

A variable interest rate loan is a loan where the interest charged on the outstanding balance fluctuates based on an underlying benchmark or index that periodically changes. A fixed interest rate loan is a loan where the interest rate on the loan remains the same for the life of the loan.

<h3><u>PLEASE</u><u> MARK</u><u> ME</u><u> BRAINLIEST</u><u>.</u></h3>

Shalnov [3]3 years ago

5 0

Answer:

<h2>Fixed-rate financing means the interest rate on your loan does not change over the life of your loan. ... With a variable-rate loan, the interest rate on the loan changes as the index rate changes, meaning that it could go up or down. Because your interest rate can go up, your monthly payment can also go up.</h2>

You might be interested in

PLS HELPPPPP<3tyyyyyy this is due today! so please helppp tysmmm and have a great night or morning! :) (spam)

alexdok [17]

Answer:

5. equalateral

6. isosceles

7. isosceles

8. isosceles

9. equalateral

10. scalene

Step-by-step explanation:

sorry if thats wrong I need measurements to be more accurate.

4 0

3 years ago

Incorrect, 4.3.37

Andreas93 [3]

The number of ways is given directly using the formula:
$C_{10}^4\times C_6^3\\\text{wherein }C_n^k=\dfrac{n!}{k!(n-k)!}.\text{ Using the formula we get:}\\C_{10}^4\times C_6^3=\dfrac{10!}{4!(10-4)!}\dfrac{6!}{3!(6-3)!}\\=4200$
(Use a calculator in order to reach the above result.)
So tête number of ways is 4200.

5 0

3 years ago

Read 2 more answers

Find the measure of the largest angle in ABC if a = 12, b = 8 and c = 13.

Papessa [141]

Answer:

$C=78.28^{\circ \:}$