Answer:
The new rate would be 3.75%
Step-by-step explanation:
Purchasing a point simply implies negotiating for a lower rate of interest, which involves paying 1% of the loan in lieu of 1% interest reduction.
A point implies a reduction in interest rate by 0.25% while 3 points would reduce the interest rate by 0.75%(0.25%*3)
New interest rate=4.5%-0.75%=3.75%
Answer:x=15625
Step-by-step explanation: I’m sorry but I did this in my head if I wrote it down it’ll be wrong but if this is wrong I tried
i’m pretty sure it’s 31 7/8 inches. the formula is base times height.
Answer:
3.25 cups
Step-by-step explanation:
i think. have a good day!
lol i got it wrong. sry.
The correct answer is C. y = 1/2x + 7
In order to find this, we first have to look for the slope. We can do that by using the slope formula below.
m(slope) = (y2 - y1)/(x2 - x1)
m = (8 - 6)/(2 - -2)
m = 2/4
m = 1/2
Now we can solve using the slope intercept form and a given point.
y = mx + b
8 = 1/2(2) + b
8 = 1 + b
7 = b
Now we can put these into the equation and model as y = 1/2x + 7
