A "point" is 1% of your borrowed amount on a mortgage. You want to pay 2 points to get a 0.5% reduction in your interest rate on
2 answers:
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Answer:
The answer is below
Explanation:
1) Equator: The equator is an imaginary line that divides the earth into two equal parts known as the northern hemisphere and southern hemisphere. The equator is a line of latitude.
Line A is the equator
2) Latitude: Latitude are imaginary lines on earth that run from the east to west.
Line B are lines of latitude
3) Longitude: Longitude are imaginary lines on earth that run from the north to south.
Line F is a line of longitude
4) Prime Meridian: The prime meridian is a 0° line of longitude. It serves as a reference for other lines of longitude measurement.
Line E is a prime meridian.
5) South pole: The south pole is at a latitude of 90°S and all the lines of longitude meet there.
Point D is the south pole
6) North pole: The north pole is at a latitude of 90°N and all the lines of longitude meet there.
Point C is the south pole
