Answer: You will have points plotted at +3 on the y axis, and +3 on the x axis.
The attachment shows what your graph should look like.
Step-by-step explanation:
The intercept is where the graphed line crosses an axis.
To find the y-intercept, substitute 0 for x and solve for y:
0 + y = 3. Subtracting 0, you have y = 3
So you can plot a point at +3 on the y axis.
To find the x- intercept, substitute 0 for y, and solve for x
x + 0 = 3 Again, subtracting 0, x = 3
So plot a point on the x-axis at +3
Use the line tool to connect the two points.
The 5 is the number of years that the interest rate is fixed (at the initial amount set when you sign the mortgage contract)
The 1 represents the idea that the interest rate will change every year after the initial 5 years are up.
Answer:
A because of its larger range
Step-by-step explanation: