its wrong
Step-by-step explanation:
In this case we have an ARM fixed for 6 years and adjust after the initial first 6 years every 2 years after. The basic idea behind a ARM is that the interest changes periodically, but since our ARM is fixed for 6 years, our going to calculate the monthly payment during the initial period using the formula:

where

is the monthly payment

is the amount

is the interest rate in decimal form

is the number years
First we need to convert our interest rate of 4% to decimal form by dividing it by 100%:

We also know from our question that

and

, so lets replace those values into our formula to find the monthly payment:


We can conclude that the monthly payment during the initial period is $1071.58<span />
Answer:
What is an equation of the line in point-slope form?
y + 1 = (1/3)(x + 2)
How can the point-slope form be written in function notation?
f(x) = (1/3)x - (1/3)
Step-by-step explanation:
Perpendicular means that it has a slope that is the reciprocal of the original, and parallel means that the slopes are the same.