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Most ________are issued with an interest rate that is fixed , and has the most predictable income?
revolving
Interest rates
Certificate of deposit
Fixed Interest
Principal
A long-term, fixed rate certificate of deposit
Face value
Simple interest
________are charged for the use of money, usually expressed at an annual rate.
revolving
Interest rates
Certificate of deposit
Fixed Interest
Principal
A long-term, fixed rate certificate of deposit
Face value
Simple interest
Credit cards are considered _________
revolving
Interest rates
Certificate of deposit
Fixed Interest
Principal
A long-term, fixed rate certificate of deposit
Face value
Simple interest
Interest earned only on the original amount or principal.
revolving
Interest rates
Certificate of deposit
Fixed Interest
Principal
A long-term, fixed rate certificate of deposit
Face value
Simple interest
Lamar believes that interest rates are going to fall in the near future and remain low for a considerable period of time. She should invest in:
revolving
Interest rates
Certificate of deposit
Fixed Interest
Principal
A long-term, fixed rate certificate of deposit
Face value
Simple interest
The total amount of money outstanding on a loan.The original amount of the loan
revolving
Interest rates
Certificate of deposit
Fixed Interest
Principal
A long-term, fixed rate certificate of deposit
Face value
Simple interest
The principal amount of a bond that is repaid at the end of the term
revolving
Interest rates
Certificate of deposit
Fixed Interest
Principal
A long-term, fixed rate certificate of deposit
Face value
Simple interest
an interest rate that remains constant over the entire term of the loan
revolving
Interest rates
Certificate of deposit
Fixed Interest
Principal
A long-term, fixed rate certificate of deposit
Face value
Simple interest
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