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MakcuM [25]
2 years ago
11

If Art has a 7/1 ARM, how long will the fixed interest rate be applied to his loan?

Mathematics
1 answer:
natta225 [31]2 years ago
4 0

Answer:

step-by-step explanation:

A 7/1 ARM is a mortgage that has a fixed interest rate in the beginning, then switches to an adjustable or variable one. The 7 in 7/1 indicates the initial fixed period of seven years. After that, the interest rate adjusts once yearly based on the index stated in the loan agreement, plus a margin set by the lender.

You might be interested in
Question 20 of 45<br> In right triangle ABC shown below, what is the length of AC ?
dimulka [17.4K]
In this question, you have to use the Pythagorean theorem. (the formula is in the box, ‘a squared’ and ‘b squared’ is used to find the legs of the triangle, while the ‘c squared’ in the formula is used to find the hypotenuse of the triangle.

5 0
3 years ago
Y=-3x+9<br> y=-x-5 <br><br> what is the solution for the system of equations?
alexandr402 [8]

Our system of equations is:

y = -3x + 9

y = -x - 5


To solve this system of equations, we are going to use substitution. This means that we are going to substitute the second equation into the first equation since both are already solved for y in terms of x.


y = -3x + 9

-x - 5 = -3x + 9


Now, we must simplify by moving all of the constant terms to one side of the equation and all of the variable terms to the other side.


-x - 5 = -3x + 9

2x - 5 = 9

2x = 14


Finally, to undo the multiplication between the coefficient 2 and the variable x, we must divide both sides by 2 to get the variable x alone.


x = 7


Next, we must substitute in this value we have solved for x into one of the original equations to solve for the other variable, y.


y = -3x + 9

y = -3(7) + 9


To simplify, we must multiply through the parentheses and combine like terms by addition.


y = -21 + 9

y = -12


Therefore, your final answer is x = 7 and y = -12, or as an ordered pair (7, -12).


Hope this helps!

6 0
3 years ago
Given f(g(x)) = 15x+1 and f(x) = 5x+1. What is g(x)?<br><br> Please answer quickly!!
natka813 [3]

Suppose you are given the two functions f (x) = 2x + 3 and g(x) = –x2 + 5. Composition means that you can plug g(x) into f (x). This is written as "( f o g)(x)", which is pronounced as "f-compose-g of x". And "( f o g)(x)" means " f (g(x))".

7 0
4 years ago
Help me QUICK, plz! 15 points!
Anna007 [38]

Answer:

t=8

Step-by-step explanation:

Subtract 12t from both sides

(12t-12t) + 16 = (13t-12t) + 24

16 = 1t (or just t) + 24

Then subtract 16 from both sides, and bring "t" over the equals sign making it a negative integer.

-t = 8

t = 8

4 0
4 years ago
If M/DFC= 40 and M CD= 55 the BG= <br> 25<br> 80<br> 135
Y_Kistochka [10]

Answer:

25

Step-by-step explanation:

GC and BD are 2 intersecting chords thus the measure of the angle formed is

∠DFC = 0.5( m arc CD + m arc BG ), that is

0.5(55 + BG) = 40 ( multiply both sides by 2 )

55 + BG = 80 ( subtract 55 from both sides )

BG = 25

6 0
4 years ago
Read 2 more answers
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