Question: A is an interest rate limit on a variable rate credit product. It is the highest possible rate a borrower may have to pay and

  1. A is an interest rate limit on a variable rate credit product. It is the highest possible rate a borrower may have to pay and also the highest rate a creditor can earn.
    1. Limit
    2. Cap
    3. Risk
    4. Kapaki

2. With insurance, the risk involves the likelihood that too many policyholders will file claims at once. True or False?

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