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Tems11 [23]
3 years ago
11

What is one difference between fixed–rate mortgages and variable–rate mortgages?

Mathematics
1 answer:
Illusion [34]3 years ago
6 0

Answer: The answer would be Variable- rate mortgages usually start at lower interest rates than fixed-rate mortgages.


Step-by-step explanation:

First of all let us know what fixed-rate mortgages and variable-rate mortgages are.


In fixed rate mortgages interest rates are fixed when we take loan and remain same for loan's entire term and it has nothing to do with market interest rate changes.


While in variable-rate mortgages interest rates may go up and down because it changes as market interest rate change.


Upon looking at our options we can see that option B is correct because usually variable-rate mortgages start at lower interest rates than fixed-rate mortgages and goes up or down according to market interest rate change.



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40 + 2b3 when<br> b = 5 and c= 1.2
kramer

9514 1404 393

Answer:

  254.8

Step-by-step explanation:

Substitute the numbers where the variables are and do the arithmetic.

  4c +2b³ = 4(1.2) +2(5³) = 4.8 +250 = 254.8

__

It can also work to let a calculator or spreadsheet do the math for you, once you specify the function.

8 0
3 years ago
50% of population does not smoke, 20% are heavy smokers and 30% are light smokers. if heavy smokers are twice as likely to die a
Sidana [21]

Based on the calculation below, the likelihood that if someone died they were a heavy smoker is 42.11%.

<h3>How do we calculate the likelihood of an occurrence?</h3>

Let:

Likelihood that a non-smoker will die = x

Therefore, we have:

Likelihood that a light smoker will die = 2 * x = 2x

Likelihood that a heavy smoker will die= 2 * 2x = 4x

From the above, we have:

Expected number of non smokers that will die = 50% * x = 0.5x

Expected number of light smokers that will die = 30% * 2x = 60%x = 0.6x

Expected number of heavy smokers that will die = 20% * 4x = 80%x = 0.8x

Total expected = 0.5x + 0.6x + 0.8x = 1.9x

Therefore, we have:

Likelihood that a heavy smoker died = Expected number of heavy smokers that will die / Total expected = 0.8x / 1.9x = 0.4211, or 42.11%

Learn more about likelihood here: brainly.com/question/14832179.

#SPJ1

8 0
1 year ago
Substitution<br> 3x-y=4<br> x=4y+17
Sonja [21]
3(4y+17)-y=4
12y+51-y=4
11y+51=4
11y=-47
y=-47/11

x=4(-47/11)+17
x=-188/11+17
x=-1/11

hope this helps!
4 0
4 years ago
Read 2 more answers
How can I find the answer
Dafna11 [192]

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A party rental company has tables for rent. The total cost to rent 8 and 3 tables is 36. total cost to rent 2 chairs and 5 tables is $43the cost to rent cach

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I’m positive it’s dababy
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