MacieKay8163 MacieKay8163
  • 23-05-2023
  • Business
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Each of these statements describes a variable rate loan EXCEPT...
A. Typically starts with a lower interest rate than a fixed rate loan
B. Is riskier to the borrower because the interest rate could increase substantially
C. Is almost always a better option
D. Can increase or decrease the interest rate over the course of the loan

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