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3 years ago

Tom has just signed for a loan that contains an acceleration clause. How does this clause affect the terms of the loan?

Mathematics

1 answer:

Delicious77 [7]3 years ago

7 0

Answer:

C.If Tom cannot pay the loan, the bank can demand that he pay the remaining balance of the loan in full.

Step-by-step explanation:

An acceleration clause is a contract provision that allows a lender to require a borrower to repay all of an outstanding loan if certain requirements are not met.

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A line passes through the given points. Write an equation for the line in point-slope form. Then rewrite the equation in slope-i

Andre45 [30]

Answer:

The answer to your question is a) y - 2 = -5(x - 3)

b) y = -5x + 17

Step-by-step explanation:

Data

A (1, 12)

B (3, 2)

Process

1.- Find the slope

Formula

$m = \frac{y2 - y1}{x2 - x1}$

Substitution

$m = \frac{2 - 12}{3 - 1} = \frac{-10}{2} = - 5$

2.- Find the equation in point slope form

Equation

y - y1 = m(x - x1)

Substitution and equation

y - 2 = -5(x - 3)

3.- Find the slope-intercept form

Expand the point slope form

y - 2 = -5x + 15

Simplify

y = -5x + 15 + 2

Equation

y = -5x + 17

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Hello from MrBillDoesMath!

Answer:

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