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15) Which of the following is true about fixed-rate loans? A. Generally carry lower initial interest rates than variable-rate loans B. Interest rate is based on the prime rate plus a risk-free factor C. Interest rate is based on the prime rate plus a percentage D. The same interest rate applies throughout the life of the loan
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Asked 4/4/2012 1:36:00 PM
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User: 15) Which of the following is true about fixed-rate loans? A. Generally carry lower initial interest rates than variable-rate loans B. Interest rate is based on the prime rate plus a risk-free factor C. Interest rate is based on the prime rate plus a percentage D. The same interest rate applies throughout the life of the loan

Weegy: The answer is B. The same interest rate applies throughout the life of the loan.
itolduso|Points 7377|

User: 16) What is an advantage of owning a home? A. Doing your own repairs B. Having lower monthly payments C. Paying property taxes D. Increasing investment value

Weegy: D. Increasing investment value is an advantage of owning a home.
Expert answered|debnjerry|Points 29268|

User: 17) From the following, which is a factor to consider when you are buying a car? A. Value appreciation B. Seller warranties C. Return policies D. Daily expenses

Weegy: A factor to consider when you are buying a car is: B. Seller warranties.
Expert answered|debnjerry|Points 29270|

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