The answer is $3500.
You are simply asking for the equivalent of 2 points for the mortgage of $175,000. Since 1 point is equal to 1% of the mortgage, 2 points is 2% of the mortgage then.
Equation:
Y = P% * X
Y = 2% * 175000
Convert P into decimal: P = 2/100 = 0.02
Y = 0.02 * 175000
Y = 3500
Answer:
i think the mistake is olone i think it is supose to be alone
Explanation:
The information that the organization has managed to collect will help them later on in doing (A) forecasting.
Forecasting is <u>a form of market analysis that is conducted to know more about the future target market’s characteristics, amount, and trends that relate to them.</u> This information would help the organization is choosing the right approach to market their products in order to generate the most sales.
