Suzy decided to purchase 3 points in order to lower her interest rate on her 125,000 mortgage
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Write three ratios equal to
This ratio can be represented as
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Equivalent/Equal ratios<em> - Definition of Equivalent Ratio A ratio can be represented as a fraction. The concept of an equivalent ratio is similar to the concept of equivalent fractions. A ratio that we get either by multiplying or dividing by the same number, other than zero, to the antecedent and the consequent of a ratio is called an equivalent ratio.</em>