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IgorLugansk [536]
3 years ago
8

What is one difference between fixed-rate mortgages and variable-rate mortgages?

Mathematics
2 answers:
STALIN [3.7K]3 years ago
5 0

Answer:

A variable interest rate loan is a loan where the interest charged on the outstanding balance fluctuates based on an underlying benchmark or index that periodically changes. A fixed interest rate loan is a loan where the interest rate on the loan remains the same for the life of the loan.

<h3><u>PLEASE</u><u> MARK</u><u> ME</u><u> BRAINLIEST</u><u>.</u></h3>
Shalnov [3]3 years ago
5 0

Answer:

<h2>Fixed-rate financing means the interest rate on your loan does not change over the life of your loan. ... With a variable-rate loan, the interest rate on the loan changes as the index rate changes, meaning that it could go up or down. Because your interest rate can go up, your monthly payment can also go up.</h2>
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An ocicat eats 3/5 of a pound of food daily. How many ocicats can a 19 1/2-pound bag of food feed for one week?
ipn [44]

Answer:

13 Ocicats

Step-by-step explanation:

Here, we are told that an Ocicat eats 3/5 pounds of food per day.

Now, we have a bag of 19 1/2 pound of food and we want to know the number of Ocicats this will feed

What we just need to do is to divide the weight of the bag by the amount in pounds that can feed a single Ocicat

Thus, we have;

19 1/2 divided by 3/5

= 39/5 divided by 3/5

= 39/5 * 5/3

= 13 Ocicats

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2 years ago
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The ordered pairs (1, 1) , (2, 16) , (3, 81) , (4, 256) , and ( 5, 625) represent a function. What is a rule that represents thi
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Answer:

C

Step-by-step explanation:

Note that each of the y- coordinates is the x- coordinate raised to the power of 4.

(1, 1) → y = 1^{4} = 1

(2, 16) → y = 2^{4} = 16

(3, 81) → y = 3^{4} = 81

(4, 256) → y = 4^{4} = 256

(5, 625) → y = 5^{4} = 625

Thus the rule is y = x^{4} → C

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the price of an adult ticket is $3 and a child ticket is $2

Step-by-step explanation:

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How do you write 92% as a fraction, mixed number, or whole number?
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Answer:

92/100, 0 \frac{92}{100}, 0.92

Step-by-step explanation:

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