# Finance

Variable rate loans typically have a 1)________ interest rate than fixed rate loans because with variable rate loans, the borrower assumes the risk that the interest rate might 2)_________.
a. Higher, Increase
b. Lower, Increase
c. Higher, Decrease
d. Lower, Decrease
I pick c.

1. 0
2. 4

1. 0
posted by Henry

## Similar Questions

1. ### civics

The Federal Reserve has a number of ways to influence the supply of money. The Federal Reserve can influence the interest rate that people pay on their loans, regardless of what bank they are using. How might the Fed adjust the
2. ### Civics

The Federal Reserve has a number of ways to influence the supply of money. The Federal Reserve can influence the interest rate that people pay on their loans, regardless of what bank they are using. How might the Fed adjust the
3. ### English

I need to know whether I have at least five adjectives and five adverbs in this paragraph. I am really struggling with this. I understand what adverbs and adjectives are, I am just having trouble writing a paragraph where I have
4. ### civics banking

The Federal Reserve has a number of ways to influence the supply of money. The Federal Reserve can influence the interest rate that people pay on their loans, regardless of what bank they are using. How might the Fed adjust the
5. ### eco

Suppose a person pays \$80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. \$400. B. \$1,600. C. \$160. D. \$85. 10. Suppose a loan customer is considering two alternative \$22,000 loans.
6. ### Math

To buy both a new car and a new house, Tina sought two loans totalling \$319.531. The simple interest rate on the first loan was 2.7%, while the simple interest rate on the second loan was 2.6%. At the end of the first year, Tina
7. ### algebra

To buy both a new car and a new house, Tina sought two loans totalling \$319,531. The simple interest rate on the first loan was 2.7%, while the simple interest rate on the second loan was 2.6%. At the end of the first year, Tina
8. ### algebra

To buy both a new car and a new house, Tina sought two loans totalling \$260,394. The simple interest rate on the first loan was 3.7%, while the simple interest rate on the second loan was 8.8%. At the end of the first year, Tina
9. ### Intermediate Algebra

To buy both a new car and a new house, Tina sought two loans totalling \$78,825. The simple interest rate on the first loan was 0.2%, while the simple interest rate on the second loan was 5.0%. At the end of the first year, Tina
10. ### Math

New Hampshire is giving payday lenders the gong as it rings in the new year. A law that takes effect today caps the interest rate on small loans at 36 percent a year, which the industry has said will put it out of business. 1.6.

More Similar Questions