consider the following pair of mortgage loan options for a $115,000
[1-(104)
mortgage. which mortgage loan has the larger total cost (closing costs + the amount paid for points + total cost of interest)? by how much?
mortgage a: 20-year fixed at 12.25% with closing costs of $1500 and 1 point.
mortgage b: 20-year fixed at 11.25% with closing costs of $1500 and 2 points.
choose the correct answer below, and fill in the answer box to complete your choice.
(round to the nearest dollar as needed.)
o a. mortgage a has a larger total cost than mortgage b by $
.
ob. mortgage b has a larger total cost than mortgage a by $

there are no answer choices

step-by-step explanation:

55.44 inches

step-by-step explanation:

part a. assuming a perfectly linear relationship, we can find the slope from the first two data points.

slope = m = (change in rainfall)/(change in years)

= (61.80 -62.33)/(2005 -2004) = -0.53/1 = -0.53

then the point-slope form of the equation of the line can be written as

y = m(x -h) +k . . . . . m = -0.53, (h, k) = (0, 62.33)

y = -0.53x +62.33 . . . x = years after 2004

part b. in 2017, x = 2017 -2004 = 13. then the predicted rainfall is

y = -0.53·13 +62.33 = 55.44 . . inches

the predicted rainfall in 2017 is 55.44 in.

it's a proportional graph.

step-by-step explanation:

8 x 5 = 40         (and you have -8x and -5y)

x= absiss

y= orderly

so you have a proportional graph.