Answer:
If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
Step-by-step explanation:
Here is what the question is asking. If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
Answer:
Write a ratio.
70 : 5
x : 1
To solve for x, cross multiply.
70 : 5x
Divide both sides by 5.
14 = x
So, NoClue can rap 14 syllables per second.
:)
5/8=0.625
7/12=0.583......
5/8 is bigger as ive put both into a decimal as it is easier to tell
Answer:
yes it is an integer
Step-by-step explanation:
please mark as brainliest
Well is the length is 4 ft, and 1 ft is 12 inches we need to do 12×4, which is 48.
So now we know that the length is 48, and the height is 4, so it would be 48×4, which gives us our answer, 192 inches!
