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What is A factor of interest in an experiment that is expected to change in response to another factor of interest?
Variable
Can you explain how a variable interest rate works?
A variable interest rate is a rate that can change over time based on market conditions. This means that the interest rate on a loan or savings account can go up or down, affecting the amount of interest you pay or earn. Variable rates are often tied to an index, such as the prime rate, and can fluctuate periodically.
Are most deposits fixed rate or variable rate?
Deposits offer only a fixed rate of interest. Though this rate of interest gets changed once in a while, a deposit which was opened before this interest rate change does not get altered. It will continue to earn the same rate of interest as was promised when the deposit was opened.
What is the difference between fixed income and fixed interest?
Fixed income is when an individual has a source of income that is reliable, but often limited. Examples include social security, pensions, etc. Fixed interest means that the rate of interest charged or accrued from a transaction will not change during the term of the contract. The opposite of this is called variable interest (most common with credit cards and some home mortgages).
Is interest for a loan fixed or variable cost?
Interest for a loan is typically considered a variable cost because it can fluctuate based on the interest rate type. Fixed-rate loans have a consistent interest rate throughout the loan term, making the interest cost predictable. Conversely, variable-rate loans can change based on market conditions, leading to potentially higher or lower payments over time. Hence, whether interest is fixed or variable depends on the specific loan agreement.
Can you change from a variable loan to a fixed loan?
If agreed by the Bank/Loaner - fixed load has fixed interest
What are the differences between fixed and variable interest rates on loans?
Fixed interest rates on loans remain the same throughout the loan term, providing predictability in monthly payments. Variable interest rates can change based on market conditions, leading to fluctuating payments.
If you signied a contract can they change your hours?
You will have to read the contents of your contract. Also, if the contract if a 12-month contract, read carefully before you sign every year as things might change from year to year.
What is the variable that social scientist call the casual variable that brings about change?
The variable that social scientists refer to as the causal variable is the one that is believed to directly influence or cause changes in another variable. This variable is often the focus of research and analysis to understand its impact on the outcome of interest.
Is interest expense - variable or fixed?
Interest expense is generally considered a fixed cost because it remains constant regardless of the level of production or sales, as long as the interest rate and the principal amount of debt do not change. However, if a company has variable interest rates or uses a line of credit, the interest expense can fluctuate, making it partially variable. Overall, it is primarily categorized as fixed due to its predictable nature in most scenarios.
A variable that changes as a result of the other variable?
The dependent variable.
Is the change of mass a dependent variable?
The change of mass can be considered a dependent variable in certain situations, such as in experiments where mass is measured before and after a process or reaction. The change in mass depends on the conditions or factors that affect it, making it a variable that is influenced by other factors.
