Business, 05.03.2022 03:20 suiani8

A fixed interest rates is generally a better option than a variable rate in which situation?
A. A business owner is seeking a short-term loan to cover emergency
expenses and expects to pay it off quickly.
B. A married couple is seeking a 30-year mortgage for a house that they plan to live in for a long time.
C. A contractor is seeking a mortgage on a home that he plans to "flip," or renovate to sell, within 18 months.
D. A student is seeking a credit card to use for daily expenses and plans to pay off the balance each month.

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A fixed interest rates is generally a better option than a variable rate in which situation?
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