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Zanzabum
3 years ago
10

What is a lifetime cap ?

Mathematics
2 answers:
Mashcka [7]3 years ago
6 0

A lifetime cap is the maximum upper limit interest rate allowable on an adjustable-rate mortgage.



Sphinxa [80]3 years ago
5 0
<h2>Answer:</h2>

Lifetime gap is the maximum amount of money that should be given on a mortgage loan.

<h2>Step-by-step explanation:</h2>

A lifetime cap, or life cap, tells a borrower the maximum interest rate they could pay during the life of the loan. This cap usually applies to the life of the mortgage. A mortgage is a security interest in real property held by a lender as a security for a debt, usually a loan of money. So the maximum amount that a borrower must repay to the lender in case of a mortgage is called the lifetime gap.

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Select the equations whose graphs are parallel to the graph of the equation y=23x+5.
iren [92.7K]

Answer:

2x-3y=9    and    4x-6y=30

Step-by-step explanation:

hello :  

note y=(2/3)x+5  no y=23x+5

2/3 is the slope....... all lines parallel to this line has same slope.

1)   2x-3y=9   means : 3y = 2x-9   divide by 3 : y=(2/3)x-3..same slope.

2)  4x-6y=30  means : 6y= 4x-30 divide by 6 : y=(4/6)x -30/6

but 4/6 = 2/3 so : y=(2/3)x-5..same slope.

6 0
3 years ago
1)a bike costs $200 but is reduced by 35% in a sale.How much is the bike reduced by?What does it cost in the sale?
dolphi86 [110]

Answer:

The amount of discount $70

New price $130

Step-by-step explanation:

To find how much 35% of 200 is, we multiply 200 with 35 then divide it with 100

200 × 35 ÷ 100 = 70 the bike's price is reduced by 70$ and the new price

20ü - 70 = 170$

5 0
2 years ago
I need help, I need to determine the slope and y-intercept for each group. I need to write an equation for the graph in slope-in
viktelen [127]

Answer:

slope= 3/5  y int=-2 equation y = 3/5 -2

Step-by-step explanation:

slope= rise over run

y int = where the y axis and the line meet

equation= y =mx+b

m=slope

b = y int

4 0
2 years ago
Read 2 more answers
X(4-k)=p solve for k
SVEN [57.7K]
Distribute
4x-kx=p
minus 4x both sides
-kx=p-4x
divide both sides by -x
k=\frac{p-4x}{-x}
k=\frac{4x-p}{x}
7 0
3 years ago
A box of 8 crayons costs $0.96. How much does
Ulleksa [173]
0.96/8= $0.12 (1 crayon)
0.12x30= $3.60
5 0
3 years ago
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