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3 years ago

What is true of an adjustable rate mortgage?

Mathematics

1 answer:

Varvara68 [4.7K]3 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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Will give, Branliest.<br><br>Thanks,<br>:)

Dmitriy789 [7]

Answer:

(look at this equation) y=3x+2

Step-by-step explanation:

1. 2y-6x=4

2. Add -6x over to the other side

3. Subtract 2 from both sides

4. Look and see which points according to the equation that I answered for you.

8 0

2 years ago

Read 2 more answers

What is 2 thirds of 24

evablogger [386]

2/3 of 24 is:
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8+8=16
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3 years ago

Solve

NISA [10]

Answer:

$r = 0.01$

Step-by-step explanation:

In order to find r we have to square both sides of the equation

$0.1 = \sqrt{r} \\ {0.1}^{2} = { \sqrt{r} }^{2}$

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6 0

2 years ago

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love history [14]

The grandparents that shop at Greggslist was 3 out of the 25 sampled. That gives us a ratio of 3/25. Convert this to decimal by dividing 3 by 25 and your answer is

3/25 = 0.12

Answer #3

5 0

3 years ago

What is the average rate of change of the function over the interval x = 0 to x = 6? f(x)=2x−1 3x+5 Enter your answer, as a frac

Tatiana [17]

Answer:

-11

Step-by-step explanation:

Our function is 2x-13x+5

2x-13x+5= -11x+5
F(0)= 5 and F(6)= -11*6+5 = -61
let m be the average change : m= (-61-5)/6= -11

8 0

3 years ago