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1 answer:

7 0

I believe this question is referring to purchasing a discount on a loan's interest rate by putting more towards closing costs. For mortgages, sometimes they will allow you to "buy" a smaller interest rate. For example:
Loan A has an interest rate of 4.5% and no closing costs. 
Loan B has an interest rate of 4.375%, but has $1000 in closing costs. 

Normally, Loan A would be the better choice if you plan on keeping the home short term, but Loan B would be more beneficial for keeping the loan long-term. I don't really care to spend the time that is necessary to come up with an actual scenario, but I hope that helps enough for you to understand the question.

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HELP FAST select the correct answer

Aleks04 [339]

Answer:

Step-by-step explanation:

8 0

2 years ago

Kamoira bought 8 pizzas for $131.36. Each pizza cost the same amount. What was the cost of each pizza in dollars and cents?

Veseljchak [2.6K]

Step-by-step explanation:

so, you don't know what a division is for ?

it is to ask things like "how often does one number fit into another number", or "how big will each piece be, if I split something into a certain number of equally sized pieces ?".

this is what we need here.

8 pizzas for $131.36. and each pizza costs the same. you see how that connects to what I just described above ?

to find how much each pizza cost, we need to divide the total price by 8, to find the size (= here the price) of each of the equally big parts of the total price.

131.36 / 8 = $16.42

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2 years ago

A go-kart can travel as far as 45 miles in 3 hours. What is its unit rate?

viktelen [127]

Answer:

The unit rate is 15 mph.

Step-by-step explanation:

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3 years ago

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