Educational standards and income growth inequality.
<span>a Chinese Zen monk who lived over 1,000 years ago. His name was Pu-Tai, although the Japanese call him Hotei.</span>
The correct answer is: "variable loan can increase dramatically
".
The fixed rate is slightly higher but it is safer in the sense that ensures an stable interest rate throughout the whole loan period.
On the other hand, variable rates are subject to market movements. It could be the case that a sudden and large increase on interest rates in the international markets, directly affects your repayment schedule increasing abruptly the interest amount to be repaid at each instalment.
She was given confidence of her math skills at a young age. Which she kept with her throughout her school years.