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 think horses but im not sure though
Answer:
A) They argued about federalism and how the federal and state governments would share power.
Explanation:
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John Smith
John Smith was an original settler and leader of the Jamestown colony. His early contact with the neighboring Powhatan tribe would lead to the success of the colony.
Early in the settlement of Jamestown, Smith was captured by the Powhatan. This capture would eventually produce the story of his capture and being saved by Pocahontas, the chiefs' daughter. During the second year of the colony, Smith became the president or governor of the colony. He used this power to negotiate, sometimes forcibly, with the Powhatan for corn which kept the colony safe from starvation. Smith was wounded by an explosion and was convinced to give up leadership and return to England.
