What is the period interest rate on mortgage with a 4.8% apr compounded semiannual?

2.4%

Step-by-step explanation:

If the APR is x% and it is compounded for n times in a year, then the period interest rate is %.

Now, given that the interest rate on a mortgage is 4.8% APR compounded semiannually.

So, here x = 4.8% and n = 2 and hence, the period interest rate on the mortgage is %. (Answer)

y - y1 = m(x- x1)

y - (-5) = 2/3(x -0)

y + 5 = 2/3x

y = 2/3x - 5

answer:   x = 3 + √11     and     x = 3 - √11

step-by-step explanation:

x² - 6x + 9 = 11

(x - 3)² = 11

x - 3 = ±√11

    x = 3 ± √11

x = 3 + √11     and     x = 3 - √11