I believe this question is referring to purchasing a discount on a loan's interest rate by putting more towards closing costs. For mortgages, sometimes they will allow you to "buy" a smaller interest rate. For example:
<span>Loan A has an interest rate of 4.5% and no closing costs. </span>
<span>Loan B has an interest rate of 4.375%, but has $1000 in closing costs. </span>
<span>Normally, Loan A would be the better choice if you plan on keeping the home short term, but Loan B would be more beneficial for keeping the loan long-term. I don't really care to spend the time that is necessary to come up with an actual scenario, but I hope that helps enough for you to understand the question.</span>
Answer:
x = 124°
Step-by-step explanation:
The sum of the 3 angles in a triangle = 180° , then
x = 180° - (32 + 24)° = 180° - 56° = 124°
Answer:
You've completed 11/12 of your project
Only 1/12 left to go!
Step-by-step explanation:
2/3 + 1/4 = 11/12
