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Janae Proctor
24 January, 22:42
A traditional loan has a variable interest rate.
a. True
b. False
+2
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1
)
Andrew Willis
25 January, 00:56
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.
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