Ask Question
22 October, 14:47

A traditional loan has a variable interest rate.

a. True

b. False

+5
Answers (1)
  1. 22 October, 15:26
    0
    The statement "a traditional loan has a variable interest rate" is going to be false. A traditional loan is also known as a conventional loan. This type of loan will most likely have a low-interest rate. They come with a variety of loans such as adjustable rate mortgages or fixed rate mortgage. The correct answer is False.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A traditional loan has a variable interest rate. a. True b. False ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers