What digits? is there specific types?
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:
Step-by-step explanation:
<u>Given points:</u>
- A(-1, -9) and M(0.5, -2.5)
Let the coordinates of B are (x, y)
<u>Use midpoint formula to determine the point B:</u>
- 0.5 = (- 1 + x)/2 ⇒ 1 = -1 + x ⇒ x = 1 + 1 = 2
- -2.5 = (-9 + y)/2 ⇒ -5 = -9 + y ⇒ y = -5 + 9 = 4
Answer:
y = 2x+8
Step-by-Step Explanation:
The equation should be in the form of y=mx+b
So you already know it's not A. Also you already know it's not D because the line goes at an angle, if "m"(slope) was 0 then the line would be straight horizontal or straight vertical. So that leaves B and C. And finally you know it's not B because the line is going in the positive direction not negative, so the slope has to be positive, also "b" in the equation is the y-intercept, and that's where the line intersects with the y-axis, and you can see that the line intersects at 8 on the graph. Therefore, the answer is C, y=2x+8
Hope this helps!! :)
