Step-by-step explanation:
The nth term of a geometric progression can be determined by using the formula:
Tn=arn−1
where: a = first term and r = common ratio
Substitute the given values of first term and common ratio into the formula:
Tn=arn−1
T5=(40)(0.5)5−1
T5=(40)(0.5)4
T5=(40)(0.0625)
T5=2.5
Answer:
y=-2x-4
Step-by-step explanation:
Discount points are normally a type of prepaid interests that lowers the interest on subsequent payments for mortgage borrowers pay.
Each of the points is given by:
1 point = 1% of the mortgage value.
Therefore,
Cost of discount points = 0.01*519,000*3 = $15,570
Cost of origination points = 0.01*519,000*2 = $10,380
In this regard, option B. is the correct answer on the cost of discount and origination points respectively.
Answer:
They will have values in common
Step-by-step explanation: I GUESSED
