Question: Define and differentiate between ( a ) fixed - and variable - rate loans and ( b ) a single payment loan and an installment

Define and differentiate between (a) fixed- and variable-rate loans and (b) a single payment loan and an installment loan.
List and briefly discuss the different factors to consider when shopping for a loan. How would you determine the total cost of the transaction?
Define and differentiate between (a) fixed- and variable-rate loans and (b)

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