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Type: Multiple-Choice
Category: Personal Finance
Level: Grade 10
Tags: Financial Literacy, Banking
Author: Nerrad84
Last Modified: 7 years ago

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Personal Finance Question

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Grade 10 Personal Finance

Which of the following refers to an interest rate which does not fluctuate during the fixed rate period of the loan?
  1. Fixed interest rate
  2. Fixed Income
  3. Financial aid
  4. Prime rate