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Dennis_Churaev [7]
2 years ago
12

What is true of an adjustable rate mortgage?

Mathematics
1 answer:
Varvara68 [4.7K]2 years ago
5 0

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.


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Find the minimum value of the function f(x) = x2 + 5x – 6
Klio2033 [76]

So the easiest method to find the vertex (the minimum in this case) to do this is to find the axis of symmetry, then plug it into the function.

Firstly, the equation to find the axis of symmetry is x=\frac{-b}{2a} , with b = x coefficient and a = x^2 coefficient. The equation equation can be solved as such:

x=\frac{-5}{2*1}\\\\x=\frac{-5}{2}\\\\x=-2.5

Since the vertex falls on the axis of symmetry, we know that the x-coordinate of the vertex is -2.5. Now to solve for the y-coordinate, plug in x with -2.5 and solve as such:

f(-2.5)=(-2.5)^2+5*(-2.5)-6\\ f(-2.5)=6.25+(-12.5)-6\\ f(-2.5)=-12.25

Now putting it all together, our minimum value (vertex) is (-2.5,-12.25).

6 0
3 years ago
A researcher is interested in testing to determine if the mean price of a casual lunch is different in the city than it is in th
Softa [21]

Answer:

The degrees of freedom for this problem are 21

Step-by-step explanation:

Degrees of freedom:

When testing an hypothesis involving two samples, the number of degrees of freedom is given by:

df = n_1 + n_2 - 2

In which n_1 is the size of the first sample and n_2 is the sample of the second sample.

In this question:

Samples of 9 and 14, so n_1 = 9, n_2 = 14

The degrees of freedom for this problem are

df = n_1 + n_2 - 2

df = 9 + 14 - 2 = 21

The degrees of freedom for this problem are 21

5 0
2 years ago
The ratio of the units digit to the tens digit of a two-digit number is one-half. The tens digit is two more than the units digi
n200080 [17]
The number is 42.

Let xy be the number.  x is the tens digit, y is the units digit.  The ratio of the units digit to the tens digit, y/x, is 1/2.  This gives us the proportion

y/x = 1/2

The tens digit is 2 more than the units digit; x = y+2; substituting in our proportion we have
y/(y+2) = 1/2

Cross multiply:
y*2 = (y+2)*1
2y = y+2

Subtract y from each side:
2y - y = y+2-y
y = 2

x = y+2
x = 2+2
x =4 

xy = 42 
3 0
2 years ago
Here’s a graph of a linear function. Write the equation that describes that function.
lord [1]

Answer:

y = 5x - 5

Step-by-step explanation:

It appears that the graph intersects the y-axis at (0, -5).  This point is the y-intercept of the line.

As we move from (0, -5) to the point (2, 5), x increases by 2 and y increases by 10.  Thus, the slope of the line through these two points is

m = rise / run = 10 / 2  = 5.

The slope-intercept form of the equation of a straight line, y = mx + b, becomes y = 5x - 5

6 0
2 years ago
T-5 for t=7 solve for t​
katrin2010 [14]

Answer:

2?

Step-by-step explanation:

7-5 is equal to 2

7 0
2 years ago
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