Answer:
Step-by-step explanation:
If you are talking about a mixed number it would be 12 87/100 if you mean a fraction it is 1287/100
The two points we are given will tell us the slope of the line, and the first point even tells us the y intercept.
slope = (y2 - y1) / (x2 - x1) = (1 - 4) / (1 - 0) = -3/1 = -3
Since the function goes through (0,4), our y intercept is 4.
Now we can fill in our function:
<span>y = _ x + _
</span><span>y = -3x + 4</span>
Answer:
Balloon mortgage with balloon payment refinanced at lower rate ( B )
Step-by-step explanation:
paying up Mortgages is usually a very big relief on the person paying up the mortgage. and doing this on time is also very much more relieving .
One of the financing options that can be used to achieve this early payment in the shortest possible time is to Balloon mortgage with balloon payment refinanced at lower rate
while making balloon payment by using the refinancing method make sure that the interest rate is lower compared to making the regular payments. payment of mortgage through refinancing means reducing the amount of years the mortgage will have been paid off to a shorter time by making large payments every month and this usually comes at a lower rate
