Answer:
y-4=-7(x-3) and y=-3/8x-8
Step-by-step explanation:
Point slope form: y-y1=m(x-x1)
the slope is already -7.
We can the just plug in the values: y-4=-7(x-3)
For the 2nd problem we can plug in values as well: -2=3/8(16)+b.
-2=6+b. the y intercept is -8. The final form is y=-3/8x-8
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<span>Bart and April are purchasing a house with a 15-year, 2/1 ARM for $315,000 at 5.85% with a 2/8 cap structure. What will the difference in payments be from year 2 to year 3?
$333.68 </span>
I'm not sure exactly what it is but it would be a negitive