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
The answer here <em>could </em>be either B. or D. But B. is the most correct, given that the question is so general.
Answer: For student who chose art, the number of grade 8 students was at least 100% greater than the number of grade 7 students
Explanation:
Grade 7 has about 7 students
Grade 8 has about 17 students
If you added 100% of the grade 7 students to that same art class you would only have 14 students, grade 8 still has more.
<u>MSRP</u>, or <em>Manufacturer’s Suggested Retail Price</em>.