ertificates 6.00% per annum ---x
AA bond 11.00% per annum ---y
x + 1 y= 160000 ------------------------1
6.00% x + 11.00% y= 15600
Multiply by 100
6 x + 11 y= 1560000.00 --------2
Multiply (1) by -6
we get
-6 x -6 y= -960000.00
Answer:
y = 7/3x + 2/3
Step-by-step explanation:
-7x + 3y = -10
3y = 7x - 10
y = 7/3x - 10/3
-4 = 7/3(-2) + b
-4 = -14/3 + b
2/3 = b
1/4 / 1/2 =
1/4 x 2/1 = 2/4 = 1/2
Answer:
Down payment
In general, a larger down payment means a lower interest rate, because lenders see a lower level of risk when you have more stake in the property. ... Mortgage insurance, which protects the lender in the event a borrower stops paying their loan, adds to the overall cost of your monthly mortgage loan payment.
Step-by-step explanation:
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