I believe this question is referring to purchasing a discount on a loan's interest rate by putting more towards closing costs. For mortgages, sometimes they will allow you to "buy" a smaller interest rate. For example:
<span>Loan A has an interest rate of 4.5% and no closing costs. </span>
<span>Loan B has an interest rate of 4.375%, but has $1000 in closing costs. </span>
<span>Normally, Loan A would be the better choice if you plan on keeping the home short term, but Loan B would be more beneficial for keeping the loan long-term. I don't really care to spend the time that is necessary to come up with an actual scenario, but I hope that helps enough for you to understand the question.</span>
Answer:
I think the answer is
no
no?
yes
yes
yes
no
Step-by-step explanation:
I'm not really sure if this is correct but from my textbook it says that the answer cannot have a math problem in it (E.g x = 1 + 2.3).
I am sorry if this is incorrect
If it is correct, can I have brainliest please?
Ummm I think the answer is 9
Answer: The slope is -2 and the y-intercept is (0,1)
Step-by-step explanation:
Answer: To find the area of a rectangle, multiply its height by its width. For a square you only need to find the length of one of the sides (as each side is the same length) and then multiply this by itself to find the area.