For which of these ARMs will the interest rate stay fixed for 8 years and then
be adjusted every year after that?
A. 8/8 ARM
B. 8/1 ARM
C. 1/8 ARM
ОО
D. 1/1 ARM
SUBMIT

Answers

Answer 1

Answer:Its B

Step-by-step explanation:

Bc I just got it right

Answer 2

ARM for which interest will stay fixed for 8 years and then be adjusted every year after that = 8/1 ARM

The correct option is (B).

What Is an Adjustable-Rate Mortgage (ARM)?

The term adjustable-rate mortgage (ARM) refers to a home loan with a variable interest rate. With an ARM, the initial interest rate is fixed for a period of time. After that, the interest rate applied on the outstanding balance resets periodically, at yearly or even monthly intervals.

Given statement

ARM for which Interest rate stay fixed for 8 years and then be adjusted every year after that.

Above information is typically expressed in two numbers. The first number indicates the length of time that the fixed rate is applied to the loan, while the second refers to the duration or adjustment frequency of the variable rate.

By the above method ARM for Interest rate stay fixed for 8 years and then adjusted every year after that can be expressed as 8/1 ARM.

Hence, for 8/1 ARM, interest rate will stay fixed for 8 years and then

be adjusted every year after that.

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Related Questions

A professional language translator gets paid an average of $320 per hour with a standard deviation of $41.75 per hour. What proportion of professional language translators get paid less than $250 per hour? Assume the population is normally distributed. Round your answer to four decimal places

Answers

Answer:

0.0475 or 4% professional language translators get paid less than $250 per hour

Step-by-step explanation:

Mean = 320

Standard Deviation = 41.75

We need to find proportion of professional language translators get paid less than $250 per hour i.e P(x<250)

First we will find value of z

Using formula: [tex]z=\frac{x-\mu}{\sigma}[/tex]

We have x=250, finding z

[tex]z=\frac{x-\mu}{\sigma}\\z=\frac{250-320}{41.75}\\z=-1.67[/tex]

Now we will find P(z<-1.67) by looking into the normal distribution table

[tex]P(z<-1.67)=0.0475\\[/tex]

So,0.0475 or 4% professional language translators get paid less than $250 per hour

An industrial factory makes / yards of chain every minute. The cost of each yard of chain is $2.00. What is the total cost for all chain produced in 10 minutes?

Answers

Answer:

Cost = $86.67

Step-by-step explanation:

Given

Yards = 4⅓ (missing part of the question)

Cost per yard = $2.00

Required

Determine cost of chains produced in 10 minutes

If 4⅓ yards is made in a minute, then

4⅓ * 10 yards are made in 10 minutes

Total = 4⅓ * 10

Total = 13/3 * 10

Total = 130/3 yards

Cost of a yard of chain is $2.00.

Cost of 130/3 yards would be:

Cost = $2.00 * 130/3

Cost = $260.00/3

Cost = $86.67 (approximated)

Hence, the required cost is approximately $86.67

Sheila picks for 1 1/4 pounds of blueberries for $10 how many pounds can she pick for $1​

Answers

Answer:

0.125 pounds of blueberries

Step-by-step explanation:

Trust me

Answer:

1/8

Step-by-step explanation:

1 1/4=1.25

1.25/10=0.125

0.125 in the simplest fraction form is 1/8

hope this helps :3

if it did pls mark brainliest

DROP AN ANSWERRRR!!!!!

Answers

Answer:

D

Step-by-step explanation:

what is the slope of the following line?

Answers

Answer:

-2

Hope this helps,

PumpkinSpice1

The slope of the line will be ( -1 / 2 ). The correct option is C.


What is the slope?

Slope or the gradient is the number or the ratio which determines the direction or the steepness of the line.

An equation of the line is defined as a linear equation having a degree of one. The equation of the line contains two variables x and y. And the third parameter is the slope of the line which represents the elevation of the line.

The two points are (0,3) and ( 6,0). The slope of the line will be calculated by using the formula below;-

Slope = ( y₂ - y₁ ) / ( x₂ - x₁ )

Slope = ( 0 - 3 ) / ( 6 - 0 )

Slope = -3 / 6 = -1 / 2

Therefore, the slope of the line will be ( -1 / 2 ). The correct option is C.

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EAST MATH PLS HELP ASAP PLEASE PLEASE
If one side of a square is represented by x + 7, and the perimeter of the square is
represented by 8x - 20, what is the value of X?

Answers

4(x+7)=8x-20

4x+28=8x-20

28=4x-20

48=4x

x=12

Find the value of θ from the following equation.(θ≤90°)​

Answers

Answer:   10°

__________________________________________________________

We are given:

Sin(6θ)  = Cos(3θ)

Solving for θ:

Simplifying Cos(3θ):

We know that:  

Cos(θ) = Sin(90-θ)

So, we can say that:

Cos(3θ) = Sin(90 - 3θ)

Finding the value of θ:

Sin(6θ) = Cos(3θ)

Sin(6θ) = Sin(90 - 3θ)                             [Since Cos(3θ) = Sin(90 - 3θ)]

6θ = 90 - 3θ                                            [If Sin(θ) = Sin(A) ; θ = A]

9θ = 90                                                   [adding 3θ on both sides]

θ = 10°                                                     [dividing both sides by 9]

-
18 The diagram shows triangle PQR.
Diagram NOT
accurately drawn
P
17.8 cm
360
R
26.3 cm
Calculate the length of PR.
Give your answer correct to 3 significant figures.

Answers

Answer:

The length of PR is 15.8 cm

Step-by-step explanation:

We will solve the question using the cosine rule

In ΔPQR

(PR)² = (PQ)² + (RQ)² - 2(PQ)(RQ)(cos∠Q)

∵ PQ = 17.8 cm

∵ RQ = 26.3 cm

∵ m∠Q = 36°

→ Substitute them in the rule above

∵ (PR)² = (17.8)² + (26.3)² - 2(17.8)(26.3)(cos36)

∴ (PR)² = 316.84 + 691.69 - 936.28(cos36)

∴ (PR)² = 251.0635685

→ Take √ for both sides

PR = 15.8449856

→ Correct it to 3 significant figures

∴ PR = 15.8 cm

The length of PR is 15.8 cm

Please help with this as soon as you can. Really need help and no idea how to do it.

Answers

Answer:

DE, BC, BA, CA

Step-by-step explanation:

basically just find the ones that do not cross and those are parellel.

Luke's pencil case measure 1.5 inches by 4 inches by 6 inches. How many pencils can he fit in his pencil case if each pencil has a volume of 3 square inches?

Answers

Answer:

b

Step-by-step explanation:

He could fit 12 pencils.
How? 1.5x4x6=36 then, 36/3=12 because each pencil has a volume of 3, so 12 is your answer.

By visual inspection, determine the best-fitting regression model for the data plot below.

Answers

Answer:

Quadratic

Step-by-step explanation:

It looks like it’s forming a very wide arch so quadratic formulas are arches

The equation of the regression line model for the data plot determines a quadratic equation

What is linear regression line?

The connection between the independent (x) and dependent (y) variables in the graph can be graphically represented using regression lines.

In a linear model, the terms are added rather than multiplied, divided, or provided as a non-algebraic function, as has been the case thus far in this section. Analysis of experimental, monetary, and biological data as well as complex system prediction are both possible using linear modelling.

A statistical technique used to build a linear model is called linear regression. The model explains how one or more independent variables Xi relate to a dependent variable y (also known as the response) (called the predictors). The distance between each data point and the regression line is called a residual.

Given data ,

Let the linear regression line be represented as A

Now , the value of A is

Let the first coordinate on the graph be P ( 1 , 5.5 )

Let the second coordinate on the graph be Q ( 2 , 6 )

And , the data plots on the graph represents a curve or parabolic equation

So , it is a quadratic equation

Hence , the data plot of the regression line is quadratic

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Please I need some answers

Answers

i believe the answers would be:

a)2^6
b)5^7
c)7^6

hope this helps :)))

Write and equation in standard form of the line shown.

Answers

m=5

b=0

y=5x+0

trust me

What is 56/15 as a decimal rounded to the nearest tenth

Answers

Answer:

3.73

Step-by-step explanation:

56/15

3 11/15

3.73

56/15 = 3.7333333...

3.733333... —————> 3.7

At the start of the month, the value of an investment was $53.92. By the end of the month, the value of the investment changed by a loss of $17.40. What was the value, in dollars, of the investment at the end of the month​

Answers

Answer:

$36.52

you're welcome :)

If the radius r of a circle is decreasing at the rate of 5 cm per minute, find the rate of change of area when radius is 6 cm.

Answers

Answer:

-94.2 [tex]cm^2/min[/tex]

Step-by-step explanation:

Rate of change of radius = -5 cm per minute (as it is decreasing)

Radius of circle = 6 cm

Formula for area of Area:

[tex]A = \pi r^2[/tex]

Formula for differentiation of [tex]y = x^n[/tex]:

[tex]\dfrac{dy}{dt} = nx^{n-1}\dfrac{dx}{dt}[/tex]

Differentiating area w.r.to [tex]t[/tex]:

[tex]\dfrac{dA}{dt} = 2\pi r\dfrac{dr}{dt}[/tex]

Putting the values, [tex]r = 6, \frac{dr}{dt} = -5[/tex] cm per minute.

[tex]\dfrac{dA}{dt} = 6\pi \times (-5)\\\Rightarrow \dfrac{dA}{dt} = -30 \times 3.14\\\Rightarrow \dfrac{dA}{dt} = -94.2\ cm^2/min[/tex]

Negative sign indicates that area is decreasing.

Rate of change of area is -94.2 [tex]cm^2/min[/tex].

The area decreases at a rate of -188.4 square centimeter per minute

The area (A) of a circle of radius (r) is represented as:

[tex]A = \pi r^2[/tex]

Differentiate the area, with respect to r

[tex]A' = 2\pi r r'[/tex]

From the question, we have:

Radius (r) = 6cmRate of change of radius (r') = -5cm per minute

So, the equation becomes

[tex]A' = 2\times 3.14 \times 6 \times (-5)[/tex]

[tex]A' =- 188.4[/tex]

Hence, the area decreases at a rate of -188.4 square centimeter per minute

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in need help wihe lateral asn and total surface area

Answers

Just look it up on safari for help

Please help and I’ll mark brainliest if u give a small explanation

Answers

Answer:its 60

Step-by-step explanation:

look at g and put the number thats there on g

Please help me!!!!!​

Answers

Answer:

The answer is A.

Step-by-step explanation:

The ratio is 1 second/2 centimeters, but since they're asking for a unit ratio, you need to divide the top and bottom by 2 which gives you a unit ratio of ½ second/1 centimeter.

Answer:

Perhaps, B or A

Step-by-step explanation:

I am having trouble finding this out will anyone help?

Answers

Answer: g = 4

Step-by-step explanation:

30 = 26+g

4 = g

There are a total number of 38 possible equally likely outcomes on a roulette wheel. Out of the 38 outcomes, there are 18
odd-numbered outcomes. What's the probability of spinning an odd number?
• Express your answer as a fraction.

Answers

Answer:

9/19

Step-by-step explanation:

just put the total odd numbers, 18,  over the total outcomes, 38, and divide them and simplify

Answer:

9/19

Step-by-step explanation:

help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help help

Answers

Answer:

41/200

This is solved and put in standard form

0.205
My explanation: 2*1/10=0.2
5*1/1000=0.005
0.2+0.005= 0.205, I think I’m right, hope this helps! :)

After writing a check mike had -$34.50 in his account, he deposited $20.00 how much did he have now?

Answers

Answer:

-$14.50

Step-by-step explanation:

This is easily solved on a calculator.

-34.50 + 20.00 = -14.50

Brainliest to RIGHT answer

Answers

Answer:

It's C

Step-by-step explanation:

I NEED HELP WITH THIS PICTURE IS PROVIDED

Answers

Is this an exam? Nehshdgdsusu

Maureen is in charge of renting a climbing wall for the school’s fundraiser. The equation y = 170x represents the total cost of renting a climbing wall from Company A. The table shows the relationship between cost and rental time for Company B. The graph shows the relationship for Company C. Which company, if any, offers the best deal? Explain.

Answers

Answer:

company d

Step-by-step explanation:

mark brainliest

Answer:

after 3 days, the total cost of renting a car from Discount car rentals or Payless car rentals is the same.

The difference between 2 days = $265 - $185 = $80

If the difference between 2 days = $80

Difference between 1 day = $80/2= $40

Step-by-step explanation:

Hopefully this helped, if not HMU and I will try my best to get u  a better answer! have a great day :)

Mrs. Robert’s vegetable garden is 6 feet wide and 8 feet long. A drawing of the garden has a scale of 1 inch 2 feet. What is the area of the garden on the scale drawing? a. 192 in b. 12 in c. 7 in d. 28 in

Answers

Answer:

Step-by-step explanation:

It’s 24

Answer:

b.12 inch squared

Step-by-step explanation:

6 feet become 3 inches and 8 feet becomes 4 inches 3×4 = 12

Evaluate the expression.
1.2 exponent 2
answer choices =
1.44
14.4
1.728
1.5

Answers

Answer:

1.44

Step-by-step explanation:

Answer:

the answer is 1.44

Step-by-step explanation:

Because the exponent of a number says how many times to use the number in a multiplication. In 1.2 exponent 2 the "2" says to use 1.2 twice in a multiplication, so 1.2'2 = 1.2 × 1.2 = 1.44 In words: 1.2'2 could be called "1.2 to the power 2" or "1.2 to the second power.

                      Your welcome

Find n and r 10 pointsssss

Answers

Answer:

r = 11.623cm (aprox)

n = 6.153cm (aprox)

Step-by-step explanation:

Proportions:

9.8 ⇔ 4.3

n ⇔ 2.7

r ⇔ 5.1

n = 9.8*2.7/4.3 = 6.153 (aprox)

r = 9.8*5.1/4.3

r = 11.623 (aprox)

I need help with this question

Answers

Answer:

dfjkdhfhdsjfkldsjkljsdk;lv

Step-by-step explanation:

fjwdnjksnvl;snv;s

The length of Line AB would be 40
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