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:
the angle between their paths is <em>100.8°</em>
Step-by-step explanation:
From the given information, you can construct a triangle, just like the one in the figure.
We will use the <em>Cosine Rule</em> which is:
c² = b² + a² - 2 b c cos(θ)
where
- c = 16 miles
- b = 8 miles
- a = 12 miles
Therefore,
2 b c cos(θ) = b² + a² - c²
cos(θ) = (b² + a² - c²) / 2 b c
θ = cos⁻¹( (b² + a² - c²) / (2 b c) )
θ = cos⁻¹( (8² + 12² - 16²) / 2(8)(16) )
<em>θ = 100.8°</em>
<em></em>
Therefore, the angle between their paths is <em>100.8°</em>
Answer:
The answers is coefficient
Step-by-step explanation:
they both have a variable attached which makes them both coefficients
Answer:
this is what I got
Step-by-step explanation:
