I believe this question is referring to purchasing a discount on a loan's interest rate by putting more towards closing costs. For mortgages, sometimes they will allow you to "buy" a smaller interest rate. For example:
<span>Loan A has an interest rate of 4.5% and no closing costs. </span>
<span>Loan B has an interest rate of 4.375%, but has $1000 in closing costs. </span>
<span>Normally, Loan A would be the better choice if you plan on keeping the home short term, but Loan B would be more beneficial for keeping the loan long-term. I don't really care to spend the time that is necessary to come up with an actual scenario, but I hope that helps enough for you to understand the question.</span>
Answer:
14.95D + 6.95B
Step-by-step explanation:
Well a simple expression would make D the amount of DVD's you bought and B the amount of Books purchased.
In simple cases the prices don't change depending on that amount so you can multiply them by making it 14.95D and 6.95B.
Making the expression 14.95D + 6.95B.
4% Of 75 is 3 so yeah the answer to your question is 3
Answer:
Answer is 18
Step-by-step explanation:
18x3=54
54+54=108
18+2=20
20+20=40
108+40=148
