Don’t u have to list the following?
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
A. With too many elders, the population would be without necessary amount of labor to supply the needs. Encouraging women to work and raise children, the government would obviously have more wealth because women would be working and they would also have a plan for the future, which are the children, that in whitin a while would have the appropriate age to work and be in the market.