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>
Inductive reasoning has to do with coming to a certain prediction or a conclusion based on multiple true premises.
Here, we know that these two cats live together and that they have yellow eyes. These two statements are true. So, naturally, we can conclude that any two cats which live together will have yellow eyes.
Now, whether or not this is correct, that is beside the point.
Answer:
Undefined
Step-by-step explanation:
Answer:
(2, 1 )
Step-by-step explanation:
Given the 2 equations
y = 6x - 11 → (1)
- 2x - 3y = - 7 → (2)
Substitute y = 6x - 11 into (2)
- 2x - 3(6x - 11) = - 7 ← distribute and simplify left side
- 2x - 18x + 33 = - 7
- 20x + 33 = - 7 ( subtract 33 from both sides )
- 20x = - 40 ( divide both sides by - 20 )
x = 2
Substitute x = 2 into (1) for corresponding value of y
y = 6(2) - 11 = 12 - 11 = 1
Solution is (2, 1 )
Answer:
25 cm^2
Step-by-step explanation:
The side length of square 1 is sqrt(169) = 13
The side length of square 2 is 48/4 = 12
From the Pythagorean Triple 13 - 12 - 5, the side length of square 3 is 5
Finally, 5 * 5 is 25