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Archy [21]
2 years ago
9

Use the graph below to answer the question that follows:

Mathematics
1 answer:
Alborosie2 years ago
8 0

Answer:

Step-by-step explanation:

x 1 = π ,  x 2 = 3 π/ 2

y 1 = - 1,  y 2 = 2

The Rate of change = ( y 2 - y 1) / ( x 2 - x 1 )=

= [2 -( -1 )] : ( 3 π /2 - π ) = 3 : π/2 = 6 / π <em>≈ 1.91 </em>

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algol [13]

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.

3 0
3 years ago
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V125BC [204]
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Answer:

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