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.
Hello!
We know that any given percentage can be expressed as a fraction with a denominator of 100, as follows:
Because we want to find 25% of the celery sticks, we can convert this percentage into the following fraction:
=
Now multiply this reduced fraction by the number of celery sticks:
44 ×
=
The fraction
can be reduced to a value of 11. We have now proven that
11 celery sticks received peanut butter.
I hope this helps!
-- The graph looks like a line that passes through the origin,
and slopes up to the right at a 45-degree angle.
-- Point #1 on the line:
. . . . . Pick any number.
. . . . . Write it down twice.
. . . . . Call the first one 'x'. Call the second one 'y'.
-- Point #2 on the line:
. . . . . Pick any other number.
. . . . . Write it down twice.
. . . . . Call the first one 'x'. Call the second one 'y'.
-- Point #3 on the line:
. . . . . Pick any other number.
. . . . . Write it down twice.
. . . . . Call the first one 'x'. Call the second one 'y'.
Rinse and repeat, as many times as you like,
until the novelty wears off and you lose interest.
The answer would be answer choice B.
Answer:
n = -12/23
Step-by-step explanation:
