Answer:
is it right question or not tell me and I will solve it
Answer:
-1b-6
Step-by-step explanation:
Need more info! Sorry bub we can’t help answer
Answer: B. the interest rate may change depending on the condition of the economy.
Step-by-step explanation:
By definition, in a adjustable-rate mortgage (which can be identified as ARM), the interest rates can fluctuates, this means that it can change periodically.
Therefore, the interest rate is fixed for a period of time and then it varies based on the index it is tied to. This index is set by market situation.
Then, keeping this on mind, the correct answer is the option B, which is: The interest rate may change depending on the condition of the economy.
Just plug in the x-values into the given equation to find. For 9-19-19 whatever the number is correlated to how much the graph is being moved down or up and the x is your slope.
