So, 10% of 40,000 is 4,000 then we add up 40,000 and 4,000 and get 44,000. Then we need to know how much is 10% of 44,000 and it is 4,400. 44,000+4,400= 48,400 and then we just need to repeat this one more time. 48,400+4,840(10% of 48,400)= 53,240. That is the answer))))
The difference between a fixed rate and an adjustable rate mortgage is that, for fixed rates the interest rate is set when you take out the loan and will not change. With an adjustable rate mortgage, the interest rate may go up or down. Many ARMs will start at a lower interest rate than fixed rate mortgages.
<span>When a = 3 and b ≠ 5, the system will be inconsistent because the lines will be parallel. When a = 3 and b = 5, the system will be consistent and dependent because they represent the same line.</span>
