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adelina 88 [10]
3 years ago
13

You are considering a 5/1 ARM. What does the 5 represent?

Mathematics
2 answers:
umka21 [38]3 years ago
7 0
The 5 is the number of years that the interest rate is fixed (at the initial amount set when you sign the mortgage contract)

The 1 represents the idea that the interest rate will change every year after the initial 5 years are up.
Nuetrik [128]3 years ago
3 0
The 5 represents the number of years that a fixed interest rate will be applied to the loan. APEX Financial literacy
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Daniel buys a video game, which is on sale for 30% off the regular price of $69.98. The combined taxes are 15%. How much does Da
juin [17]

Answer:

$56.33

Step-by-step explanation:

30% off of $69.98 is ($49.99) then add 15% which makes it $56.33 .!

6 0
3 years ago
Read 2 more answers
Helpppppppp? please thank you
Snezhnost [94]

The x values are the same for both green dots, so you are looking at a simplified version of the distance formula.

d = sqrt( (x2 - x1)^2 + (y2 - y1)^2 )

Since x1 = x2 = 5, the first set of brackets = (5 - 5) = 0

d = sqrt( y2 - y1)^2 )

d = y2 - y1

y2 = 5

y1 = - 1

d = 5 - - 1

d = 6    Answer


8 0
3 years ago
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Tell whether the data in the table can be modeled by a linear equation. Explain.
anastassius [24]

Answer:

y = -3x + 7

Step-by-step explanation:

Choosing two points from the given table:

Let (x1, y1) = (-3, 16)

(x2, y2) = (-1, 10)

Plug these given values into the slope formula:

m = (y2 - y1)/(x2 - x1)

   = (10 - 16) / (-1 - (-3))

   = -6 / (-1 + 3)

   = -6/2

   = -3

Therefore, the slope is -3.

Next, choose one of the points and plug into the <u>point-slope form</u>:

Let's use (-1, 10) as (x1, y1):

y - y1 = m(x - x1)

y - 10 = -3(x - (-1))

y - 10 = -3(x + 1)

y - 10 = -3x - 3

Add 10 on both sides to isolate y:

y - 10 + 10 = -3x - 3 + 10

y = -3x + 7

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3 years ago
PLEASEEE HELP BIG FINALS TEST !!!! :( plssssss
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I’m pretty sure I know the answers but could you tell me the options for the drop boxes:)
7 0
3 years ago
3.5 hours: $10 1/2 hour: $1.25. which is the better deal
andrey2020 [161]
3.5 hours: $10 because if a 1/2 hour equaled 1.25 : 3.5 hours would give you $7.75
8 0
4 years ago
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