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Fixed vs Variable Interest Rates — Explained with Simple Examples Are you confused about what “fixed interest” and “variable interest” really mean? 🤔 This beginner-friendly video breaks down the basics of interest rates step by step — with clear examples that anyone can understand. 👉 What you’ll learn in this video: ✅ What is a fixed interest rate ✅ How simple interest is calculated ✅ Why higher rates and longer time earn more ✅ What is a variable (floating) interest rate ✅ How the benchmark rate impacts your loan or deposit ✅ Fixed vs Variable interest — side-by-side example (2 years) ✅ Why variable rates can be risky & when to choose fixed rates 💡 By the end of this video, you’ll be able to understand which option — fixed or variable — might be better for you as a saver or borrower. 📚 This is Part 1 of the Interest Rate Series under Financial Jargons Explained. 👥 Who is this video for? Beginners learning finance basics Students preparing for exams or interviews Anyone curious about how banks set interest rates 🔔 Stay Connected 👍 Like, 🔁 Share, and 🔔 Subscribe for more finance made simple! ▶️ Watch the full Interest Rate Series playlist: • Financial Jargons Explained #interestrates #fixedvsvariable #personalfinance #financebasics #financeforbeginners #bankingexplained #financialjargons #quantfinance #quant