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One advantage of a variable interest rate over a fixed interest rate is that a

variable rate:

A. is often lower initially

B. offers borrowers more flexible terms.

c. can be used for large purchases.

D. increases when the market rate increases

Respuesta :

samuelonum1

The term variable implies that the rate is bound to change over time, in this context variable interest rate may double as an Advantage and also as a disadvantage.

D. increases when the market rate increases

Variable interest rate is advantageous because as the market rate increases, the rate at which the customer will receive his/her interest will increase too

Learn more about interest rate here:

https://brainly.com/question/25720319

Answer: a

Step-by-step explanation:

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