A credit card whose interest rate changes as a specific market interest rate changes is said to have a

A) variable rate.
B) fixed rate.
C) constant rate.
D) tiered rate.

Answer: A

Business

You might also like to view...

Maintenance that includes preparing equipment for changes in the seasons is called:

a. scheduled maintenance b. preventive maintenance c. routine maintenance d. predictive maintenance

Business

Social Security disability benefits are not affected by family status

Indicate whether the statement is true or false.

Business