bewellplus.gsu.edu
TheMidget TheMidget
  • 20-10-2014
  • Mathematics
Answered

What is a fixed percent of the principal?

Verified Answer :

scorp111786 scorp111786
  • 20-10-2014

Fixed Percent rate does not change in the life of the loan or investment. A fixed
percentage rate is more stable because you will always know how much
your payment will be.

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