Answer:
In other respects, a balloon mortgage resembles an adjustable rate mortgage (ARM) with an initial rate period equal to the balloon period. A 7-year balloon, for example, is usually compared to a 7-year ARM. Both have a fixed-rate for 7 years, after which the rate will be adjusted.
Step-by-step explanation:
Multiply 6% by 41.
0.06*41 = 2.46
add that to $41
$43.46
Answer:
3:10
Step-by-step explanation:
Answer:
6 and 4
Step-by-step explanation:
6 x 4 = 24
8 x 3 = 24
6+6+4+4 = 20
Answer: x=3
Explanation:
Step 1: Combine like terms 7x-2=9x-8
Step 2: Put all variables on one side and all numbers on the other 2x=6
Step 3: Divide x=3
