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1 September, 00:01

Evelyn has taken out a college loan. She needs to pay $500 every month for two years to repay the loan. What kind of loan does she have?

OA

B.

a fixed-rate loan

a variable-rate loan

C.

a constant-rate loan

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Answers (1)
  1. 1 September, 03:49
    0
    A fixed rate because it stays the same?
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