GinsengGlory
Sat Sep 07 2024
|
5 answers
1242
What is a fixed regular payment?
Excuse me, could you please elaborate on what exactly is meant by the term "fixed regular payment"? Is it referring to a payment that remains consistent in amount and frequency over a specified period of time? For instance, is it akin to a monthly mortgage payment that doesn't fluctuate based on market conditions or interest rate changes? I'm just trying to get a clear understanding of the concept before we proceed further with our discussion.
