What Does It Mean If a Loan Has a Variable

question 30

Multiple Choice

What does it mean if a loan has a variable interest rate?

• A) The rate will steadily rise over the life of the loan.
• B) The rate will steadily fall over the life of the loan.
• C) The rate can rise and fall over the life of the loan.
• D) The rate will remain constant for the life of the loan.

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Definitions:

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A phase in team development characterized by conflict and competition as group members seek to establish their roles.

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