Question and answer
The periodic rate is _____. A)an interest rate that changes over the term of the loan B)the interest rate you are charged for one payment period C)the APR multiplied by twelve D)the amount of time you have to pay your loan
The periodic rate is the interest rate you are charged for one payment period.
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Asked 1/22/2015 2:04:46 PM
Updated 10/25/2015 7:05:59 AM
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The periodic rate is the interest rate you are charged for one payment period.
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Added 10/25/2015 7:05:59 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [10/25/2015 12:52:00 PM]
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Questions asked by the same visitor
hen investing your money, typically, the higher the risk, _____. A)the higher the cost in investment fees B)the higher the rate of return C)the lower the potential for return D)the easier it is to sell the investment
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Question|Asked by taybug56
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Updated 2/25/2016 2:30:28 PM
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When investing your money, typically, the higher the risk, the higher the rate of return.
Added 2/25/2016 2:30:28 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [2/25/2016 7:16:22 PM]
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