Neil's new interest rate after purchasing 3 points would be 7. 95%. The closest option is B. 4.575%.
How to calculate the interest rate?To calculate the new interest rate after purchasing points, we need to know the cost of one point and the number of points purchased.
One point typically costs 1% of the mortgage amount, so three points would cost 3% of the mortgage amount. The cost of the points is usually paid upfront at closing.
Assuming Neil's mortgage amount is $100,000, the cost of 3 points would be:
3% x $100,000 = $3,000
To calculate the new interest rate, we need to add the cost of the points to the original interest rate and then recalculate it as a percentage:
New rate = Original rate + (Cost of points / Mortgage amount)
New rate = 4.95% + ($3,000 / $100,000)
New rate = 4.95% + 3%
New rate = 7.95%
So, Neil's new interest rate after purchasing 3 points would be 7. 95%. The closest option is B. 4.575%.
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Help with a and b? Thank you
Step-by-step explanation:
Given data:
Cars Vans Others
60 21 3
The data represents the number of cars on a single day.
Find the relative frequency;
It is the number of times an event occurs.
Here the time frame is within a day;
Relative frequency = [tex]\frac{number of cars + number of vans + others}{number of days}[/tex]
Relative frequency = 60 + 21 + 3 = 84vehicles per day
ii.
Number of vans in a week;
Number vans in a week = 21van per day x 7 days = 147vans
?...
1 + (-2 - 5) to the 2nd power + -3 x 4
Answer:
-3
Step-by-step explanation:
(1 + (-2-5))^2+-3X4
(1+(-3))^2 + -12
-3^2 -12
9-12
-3
what is the equation of the line containing the points (4,2) and (-5, 1)? Write your answer in slope-form. PPPPPLLLLLLLLLLLEEEEEEEEASE HELP
Answer:
y=-1/9x+2.44
Step-by-step explanation:
m=y2-y1/x2-x1
1-2=(-1)
(-5)-4=(-9)
-1/9
y=mx+b
2=-1/9(4)+b
-1/9*4=-0.44444444444
-0.444.... rounded is -0.44
(-0.44)-(-0.44) =0
2-(-0.44 )=2.44
y=-1/9x+2.44
hope this helps
sorry if im wrong i had a lil trouble on this one :(
help me wth ths qustion
Answer:
62
Step-by-step explanation:
im pretty sure this is right. sry if its not.
Answer:
62
Step-by-step explanation:
1) 10^3 = 1000
2) 1000 x .062=62
Is the following relation a function?
Need answer now
If you can draw a vertical line through more than one point on the curve, then it's not a function. In this case, we can draw such a line. The graph is said to have failed the vertical line test.
What this means is that some x inputs lead to more than one y outputs. A function is only possible if any x input leads to exactly one y output. The x input must be in the domain.
Answer:
It is not a function.
Step-by-step explanation:
A relation's inputs are not repeated in a function.
Since the graph fails the vertical line test, it is not a function.
See picture.
Hope this helps.
write QF if it's Quadratic function and NQF if Not a Quadratic function
Answer:
1. QF2. NQF3. NQF4. QF5. QF6. Undefined, unclearStep-by-step explanation:
1. f(x) = x^2 + 2
It is a quadratic function as in the format of y = ax^2 + bx + c2. f(x) = 2x - 10
It is linear function, not quadratic3. It is linear function as y- is an arithmetic sequence
Not a quadratic function4. As per the pairs we can determine the function:
y = 1/2x^2 + 1/2xIt is a quadratic function5. The graph is parabola
It is a quadratic function6. Undefined as not clear what is it
2.Yolanda is buying supplies for school. She buys n packages of pels at $1.40 per package and m pads of paper at $1.20 each. What does each term in the expression 1.4n + 1.20m represent? What does the entire expression represent? Interpret the meaning of the term 1.4n. What does the coefficient 1.4 represent? Interpret the meaning of the term 1.20p. What does the coefficient 1.20 represent?
Answer: 1.4n represents the cost of n packages of pels.
1.20m represents cost of m pads.
Entire expression 1.4n + 1.20m represents total cost of n packages of pels and m pads.
Meaning of 1.4n = cost of n packages of pels.
Meaning of 1.20 m = represents cost of m pads.
where , 1.4 = Cost per package of pels
1.2 =Cost per pad of paper
Step-by-step explanation:
Given: Cost per package of pels = $1.40
Cost per pad of paper = $1.20
Number of packages of pels bought = n
Number of pads of paper bought = m
So, 1.4n represents the cost of n packages of pels.
1.20m represents cost of m pads.
Entire expression 1.4n + 1.20m represents total cost of n packages of pels and m pads.
Meaning of 1.4n = cost of n packages of pels.
Meaning of 1.20 m = represents cost of m pads.
where , 1.4 = Cost per package of pels
1.2 =Cost per pad of paper
I need to solve 11-20 ASAP pls
What do you learn in Algebra 2 that you did not learn in Algebra 1. Is Algebra 2 just a review?
Answer:
what grade are you in, im in 7th but im doing algebra.
Step-by-step explanation:
At the party ⅗ of a pie are eaten.
Jo eats ⅘ of what is left.
What fraction of the pie does Jo eat?
(could you show your work:))
Answer:
1/10 of the pie
Step-by-step explanation:
Step-by-step explanation:
5/5-3/5=2/5
2/5-4/5 of itself
This leave 1/5 of 2/5
if we make this decimals then it becomes 0.40
0.40/5=0.08
or 8/100,4/50,2/25
Can I get Help on explaination of this?
Answer:
The measure of the outside angle is the sum of the two inside angles:
68+52=120
Or you could do it the long way and find the third angle inside the triangle then do 180 minus that but this is easier.
Step-by-step explanation:
2x + 1 = 2x - 1 how many solutions?
Answer:
the answer is 2
Step-by-step explanation:
If fabric costs $4 a foot, which graph below shows this relationship?
A. Graph A
B. Graph B
C. Graph C
D. Graph D
Answer:
Graph A
Step-by-step explanation:
Answer:
A.)
Step-by-step explanation:
since here using for example just one foot is (1,4) add another (2,8) since you are doubleing the price. and the rest are just going in weird derections.
I don’t understand graphs that much , i probably would know this if i was in school but im online
Answer:
The answer for A is 2.5/1 and B is wrong. The answer would be $2.50 for 1 pound of beets.
Step-by-step explanation:
Just have to figure out slope, then you get B
Answer:
The slope is 5/2
m=y²-y¹/x²-x¹
m=10-5/4-2
m=5/2
Abargain clothing store is selling 5 shirts for $20.
Louis said, "I can buy 2 shirts for $8."
William said, "I can buy 1 shirt for $4."
Which statement is TRUE?
A
Only Louis's statement is true.
B
Only William's statement is true.
Both Louis and William's statements are true
D
Neither Louis nor William's statements are true.
Lily has already jarred 1 liter of jam and will jar an additional 4 liters of jam every day. Write
an equation that shows the relationship between the days d and the jam made j.
Write your answer as an equation with j first, followed by an equals sign.
Answer:
j = 4d + 1
Step-by-step explanation:
j is total jam that is jarred
4d is 4 times however many days
+ 1 is the one jar she already jarred from the beginning
can someone please help me with this question
Answer:
16 the answer
Step-by-step explanation:
What on earth is: 1.92/3 = ? Please help me idk how to do this ;-;
Answer:0.64
Step-by-step explanation:
(2/3)m tm= a + r, for m
Answer:
m = √ 6 t ( a + r )/ 2 t m = − √ 6 t ( a + r )/ 2 t
Step-by-step explanation:
Isolate the variable by dividing each side by factors that don't contain the variable.
2) If it is 12° outside and the temperature is going to
drop 19º. What will the new temperature be?
A school wants to buy a chalkboard that measures 3 feet by 4 feet the chalkboard cost $6.14 per square foot. How much will the chalkboard cost
Answer:
$49.12
Step-by-step explanation:
Determine whether this has a maximum or a minimum.
A.
maximum
B.
minimum
C.
both
D.
Not Enough Information
Answer:
A). minimum
Step-by-step explanation:
is 1x + 34 bigger than 25?
Answer:
depends on what x is
Step-by-step explanation:
Answer:
If this problem is set to zero 1x+34=0 then no.
Step-by-step explanation:
1x+34=0
Step one subtract -34 from both sides.
1x=-34
Step two divided by one.
x=-34
can somone please help with this, will give brainliest.
Bamboo is one of fastestfastest-growing plants. A typical growth rate for bamboo in temperate climates is 3-10 centimeters per day during the growth season. Which of the following equations, where t represents time in days, L represents length in cm, which could be described of the growth of a bamboo plant?
Answer: maybe c or d, but I could be wrong :/
Step-by-step explanation:
suppose that 65% of people have brown hair and 90% of the people are right handed
a) create an AREA MODEL OR TREE DIAGRAM
b)what is the chance a randomly chosen person has brown hair and is right-handed
c) what is the chance that a randomly selected person had brown hair or is left handed
Sean has 9 liters of juice. He pours equal amounts of the juice into 4 pitchers. There is 0.5 of a liter of juice left. How many liters of juice are in each pitcher? Sean has 9 liters of juice. He pours equal amounts of the juice into 4 pitchers. There is 0.5 of a liter of juice left. How many liters of juice are in each pitcher?
plz i will give u 38 to 48 points plzzzzzzzz
What is the permittee of the shaded figure ?? Please help
Answer: 96
Step-by-step explanation:
12x6= 96
times 12 which is the y axis and 6 which is the x axis. which would give you the shaded figure.
I need help getting my grades up, any help would be very appreciated
Answer:
I can help but it depends on what. I have pretty good grades
Step-by-step explanation:
Answer:
i can do history all the history u have i can do it no maps though no math i can also do language arts
Step-by-step explanation:
Help me pleaseeeeee!!!!!
Answer:
A
Step-by-step explanation:
I have a time limit please hurry!
Complete the sentence about the relation. Enter only numbers and commas, do not use spaces!
The domain of the relation is {
} and the range of the relation is {
}.