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:
16/100 = 4/25
Step-by-step explanation:
4/10 * 4/10 = 16/100
Answer: c) 1 1/4
Step-by-step explanation: you do 1/4 times 5 .You make 5 a fraction which is 5/1.So now you do 1/4 times 5/1 which is 5/4.And you change it to a mixed number which is 1 1/4.
This is because 4+(-3) is also 4-3. So that equals 1
The answer the this problem can be either 6/15 or 2/5
