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If the value of the consumer price index (CPI) in 2013 was 135 and the value of the CPI in 2012 was 117,we could correctly say that:
Business Loan
Financing that businesses seek and receive to help with expenses, growth, or other financial needs, typically from a banking institution or lender.
Fixed-rate Loan
A loan where the interest rate remains constant throughout the term of the loan, regardless of market fluctuations.
Variable-rate Loan
A loan where the interest rate can change over time, typically based on prevailing market interest rates or a benchmark index.
Term Insurance Policies
Life insurance policies that provide coverage at a fixed rate of payments for a limited period of time.
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