What is a "fixed rate"?
a. An interest rate that does not change or
does not change very often.
c. Incurring a higher rate of interest on a credit
card due to late payment.
b. An interest rate that is linked to another rate d. The interest rate that commercial banks
and changes when that rate changes.
charge their most credit-worthy customers.
Please select the best answer from the choices provided
O A
Ов
Ос
O
OD