Lafo in used in an office for har ak
To purchase alu
dola
do Pr. 10,000
R 1o, no
5 One set of cofa
esfa was
was denoted to chan
to charita club
Soln
ch Re l
Donation al
R 16,900

What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.