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Which of the following is true about the interest rate of a Direct PLUS Loan? A. The interest rate adjusts a bit lower every year. B. The interest rate adjusts a bit higher every year. C. The interest
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Which of the following is true about the interest rate of a Direct PLUS Loan?

A. The interest rate adjusts a bit lower every year.

B. The interest rate adjusts a bit higher every year.

C. The interest rate is lower early in the term of the loan but higher
later on.

D. The interest rate is fixed.​

User Zhangyangyu
by
5.3k points

2 Answers

4 votes

Answer:

D. The interest rate is fixed.​

Step-by-step explanation:

Just did the quiz

User Butaminas
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1 vote

Answer:

Which of the following is true about the interest rate of a Direct PLUS Loan?

The interest rate is fixed.​

Step-by-step explanation:

The interest rate is fixed which makes it to be an interest rate of a DIRECT PLUS loan

User Westandskif
by
4.8k points
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