Variable rate loans typically have a 1)________ interest rate than

  1. Variable rate loans typically have a 1)________ interest rate than fixed rate loans because with variable rate loans, the
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    2. Jamye asked by Jamye
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  2. Which is true of variable-rate loans?(1 point)Responses The rate can go up or down, depending upon the index it is tied too. The
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  3. Which is true of variable-rate loans? (1 point)The rate can only go up. The rate can only go down. The rate can go up or down,
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  4. Which is true of variable-rate loans? (1 point)A. The rate can go up or down, depending upon the index it is tied too. B. The
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  5. Which is true of variable-rate loans? A. The rate can go up or down, depending upon the index it is tied too B. The rate can
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  6. Which is true of variable-rate loans?(1 point) Responses The rate can only go up. The rate can only go up. The interest rate can
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  7. Which is true of variable-rate loans?(1 point) Responses The rate can go up or down, depending upon the index it is tied too.
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  8. Which is true of variable rate loans? The interest rate can fall below zero. The right can only go up. The right can go up or
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  9. The interest rate that banks charge each other for loans is called the _____.monetary rate prime rate federal funds rate
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  10. A student takes out two loans to help pay for college expenses. The total amount of money borrowed is $8050. Both loans have
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