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tindrae
tindrae tindrae
  • 08-02-2017
  • Social Studies
Answered

A bank offers a mortgage that lists 2% interest for the first year of a loan. If a customer takes the mortgage, and 16 years later the rate for this loan is still 2%, the mortgage likely has a(n)

Aadjustable rate

b)credit limit

Cdown payment
Dfixed rate

Verified Answer :

bellathepotato bellathepotato
  • 08-02-2017

D.fixed rate, I do believe

Answer Link

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