A "point" is 1% of your borrowed amount on a mortgage. You want to pay 2 points to get a 0.5% reduction in your interest rate on a $175,000 mortgage. How much will you pay in points?

Answers

Answer 1

Answer: The answer is $3500.

You are simply asking for the equivalent of 2 points for the mortgage of $175,000. Since 1 point is equal to 1% of the mortgage, 2 points is 2% of the mortgage then.

Equation:
Y = P% * X
Y = 2% * 175000

Convert P into decimal: P = 2/100 = 0.02

Y = 0.02 * 175000
Y = 3500

Answer 2

Answer:

Answer:

The answer is A ($3,500)

Explanation:

I recently got this question and A was the correct answer. I used the same strategy like the one above me and it worked.

Hope it helps!!

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Answers

A researcher has found that students who sleep more in class get lower grades on their exams. This is an example of a negative correlation. Therefore, the correct option is option C.

A negative correlation indicates that as one variable rises, the other falls. In this situation, the researcher discovered that as the amount of sleep in class increases, so do exam grades. This suggests that there is a negative relationship between the amount of sleep in class and exam grades.

A positive correlation (A) would indicate that as one variable increases, the other variable also increases. An independent variable (B) refers to the variable that is manipulated or controlled by the researcher. A dependent variable (D) refers to the variable that is measured or observed to determine the effects of the independent variable.

Therefore, the correct option is option C.

To know more about researcher, here:

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d. use slave labor to expand Southern industries.

Answers

The answer is C. keep enough strength in the senate to protect southern interests

Back then, Slavery is almost a way of life of southerners.Back then, the productions amount in northern part of USA is way more than the south. And the Northerners did that without slavery

In 1808 , the congress abolished slave trading with Africa, making the economic difference between the south and north separated even further

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Answers

The correct answer for the question that is being presented above is this one: "(A) They saw advantages in a divided Union, but pursued cautious policies toward both sides." The statement that best characterizes the response of Great Britain and France to the American Civil War is that they saw advantages in a divided Union, but pursued cautious policies toward both sides.

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Answers

I believe the answer is: A federal trial court

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When the case cannot be settled within the federal trial court, than the accuser could ask for appeal to bring the case into higher level court.

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Answers

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Answers

I'm pretty sure the answer is D

Answer:

Explanation:

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