Please help will brain list Seven years ago, Raymond purchased a $197,000 home with a 30-year
mortgage at 4.15%. Having recently lost his job, he can no longer afford to
make his mortgage payments. If he currently owes $170,118.49 and his
lender offered to extend the loan by 7 years at 4.05%, what will be his new
mortgage payment?
A. 815.09 B.883.23 C.817.08 D.873.36

graph b

step-by-step explanation:

one solution- graph a (clear intercepting point.)

no solution- graph b (they're parallel, there will never be a point of interception.)

infinite solutions- graph c (all points intercept.)

answer: (3,11) is your answer.

for certain loans like mortgage loans, lenders scrutinize your debt to income ratio when you are applying for credit because it them evaluate your ability to repay your debts.