The answer to that would be 7/2.
Answer:
Step-by-step explanation:
2x-4y=12.........(1)
-x+2y=-6..........(2)
Multiply equation (2) by 2
-2x + 4y = -12........(3)
Adding (3) from (1)
2x + (-2x) - 4y + 4y = 12 + (-12)
2x - 2x - 4y + 4y = 12 - 12
Ox -0y = 0
No solution
Combine the x terms:
11x-10=180
Add Both sides by 10:
11x=190
Divide both sides by 11:
X=190/11
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%
