Which of the following types of interest fluctuates over time as the market interest rates change? Fixed Irregular Variable Annual

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asked Sep 11, 2024 121k views

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Peztherez · Answer 1 · 2024-09-14T20:37:18+0000

Variable Interest Rates

The interest rate charged on the outstanding balance of a variable rate loan will change periodically. Variable interest rates can change annually, quarterly or even monthly.

Which of the following types of interest fluctuates over time as the market interest rates change? Fixed Irregular Variable Annual

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