The difference between<span> a fixed rate and an adjustable rate </span>mortgage is<span> that,</span>for<span> fixed rates the interest rate </span>is<span> set when you take out the loan and will not change. With an adjustable rate </span>mortgage, the interest rate may go up or down. Some arms <span>also limit how low your interest rate can go.</span>
<em>y</em> - 1/<em>z</em> = 1 ==> <em>y</em> = 1 + 1/<em>z</em>
<em>z</em> - 1/<em>x</em> = 1 ==> <em>z</em> = 1 + 1/<em>x</em>
==> <em>y</em> = 1 + 1/(1 + 1/<em>x</em>) = 1 + <em>x</em>/(<em>x</em> + 1) = (2<em>x</em> + 1)/(<em>x</em> + 1)
<em>x</em> - 1/<em>y</em> = <em>x</em> - (<em>x</em> + 1)/(2<em>x</em> + 1) = (2<em>x</em> ² - 1)/(2<em>x</em> + 1) = 1
==> 2<em>x</em> ² - 1 = 2<em>x</em> + 1
==> 2<em>x</em> ² - 2<em>x</em> - 2 = 0
==> <em>x</em> ² - <em>x</em> - 1 = 0
==> <em>x</em> = (1 ± √5)/2
If you start solving for <em>z</em>, then for <em>x</em>, then for <em>y</em>, you would get the same equation as above (with <em>y</em> in place of <em>x</em>), and the same thing happens if you solve for <em>x</em>, then <em>y</em>, then <em>z</em>. So it turns out that <em>x</em> = <em>y</em> = <em>z</em>.
Answer:
x, y, and z I think that is it
Answer:
To write 6.716 as a fraction you have to write 6.716 as numerator and put 1 as the denominator. Now you multiply numerator and denominator by 10 as long as you get in numerator the whole number.
6.716 = 6.716/1 = 67.16/10 = 671.6/100 = 6716/1000
And finally we have:
6.716 as a fraction equals 6716/1000