Which of the following statements regarding fixed-rate loans is true? The interest rates on fixed-rate-loans have periodic adjustment dates, at which time monthly payments are adjusted. The cost of fixed-rate loans decreases with a decrease in the market interest rate. Fixed-rate loans are preferable when interest rates are expected to rise. Fixed-rate loans are preferable when interest rates are expected to fall. The cost of fixed-rate loans increases with an increase in the market interest rate. Question 9 loans do not have to be repaid until after you graduate from college. Direct and Perkins Perkins and Parent Loans for Undergraduate Students (PLUS) Only Direct Only Perkins A(n) loan is repaid in a series of fixed, scheduled payments rather than in a lump sum. single-payment interim installment standard consolidated Question 11 1pts Mason Corporation borrows funds for the expansion of its business. The loan is secured with the office building. Therefore, the office building serves as for the loan. corporate deposit collateral insurance a liability debt Sales finance companies: sell installment loans to banks. buy installment loans from consumers. buy installment loans from banks. sell installment loans to retailers. buy installment loans from retailers. Question 13 Consumer finance companies: charge rates that are regulated by the states where they do business. are managed by large manufacturing companies. accept deposits from their members and use the deposits for lending. are cooperative financial institutions that are owned by their members. are non-profit financial institutions. Which of the following statements regarding fixed-rate loans is true? The interest rates on fixed-rate-loans have periodic adjustment dates, at which time monthly payments are adjusted. The cost of fixed-rate loans decreases with a decrease in the market interest rate. Fixed-rate loans are preferable when interest rates are expected to rise. Fixed-rate loans are preferable when interest rates are expected to fall. The cost of fixed-rate loans increases with an increase in the market interest rate. Question 9 loans do not have to be repaid until after you graduate from college. Direct and Perkins Perkins and Parent Loans for Undergraduate Students (PLUS) Only Direct Only Perkins A(n) loan is repaid in a series of fixed, scheduled payments rather than in a lump sum. single-payment interim installment standard consolidated Question 11 1pts Mason Corporation borrows funds for the expansion of its business. The loan is secured with the office building. Therefore, the office building serves as for the loan. corporate deposit collateral insurance a liability debt Sales finance companies: sell installment loans to banks. buy installment loans from consumers. buy installment loans from banks. sell installment loans to retailers. buy installment loans from retailers. Question 13 Consumer finance companies: charge rates that are regulated by the states where they do business. are managed by large manufacturing companies. accept deposits from their members and use the deposits for lending. are cooperative financial institutions that are owned by their members. are non-profit financial institutions