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The Interest Rate on a Line of Credit Is Normally

question 56

True/False

The interest rate on a line of credit is normally stated as a fixed rate-the prime rate.


Definitions:

Eight Intelligences

Eight separate areas in which people put their perceptiveness and abilities to work.

Howard Gardner

An American developmental psychologist known for his theory of multiple intelligences, which proposes that intelligence is multidimensional.

Rational Mind

An awareness of reality, which allows you to ponder and reflect.

Emotional Mind

A state of mind characterized by emotion-driven thoughts and behaviors, as opposed to logic or reasoned thinking.

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