Tom Alloy found a house in Fargo, ND to purchase as an investment. He purchased it for $269,900 and took out a 20 year mortgage loan. If his monthly payments are $2175.40, at what rate did he get their mortgage loan for?

Use the a google mortgage calculator:
Tim and Faith McGros just found the perfect place for their family. The ranch is selling for $650,025. They saved up enough to make a 15% down payment and finance the rest at 4.2% for 30 years with a mortgage loan. What is the Selling Price of the House? How much will their monthly payments be?

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step-by-step explanation:

answer: the price of one pound cabbage = $ 0.8

the point (10,8) represents that the cost of 10 pounds cabbage is $ 8

step-by-step explanation:

since, here is a proportional relation between the number of pounds of cabbage (x) and the price in dollars (y).

therefore, we can write,

⇒ y = k x

where k is the constant of proportionality.

now, point (5,4) is in the line.

thus, it will satisfies the above equation of line.

⇒ 4 = 5 k

⇒ k = 0.8

thus, the equation of the line is,

y = 0.8 x

a) for x = 1,

y = 0.8

therefore, the cost of one pound of cabbage is 0.8 dollars.

b) in the below graph (10,8) represents that the cost of 10 pounds of cabbage is 8 dollars.

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step-by-step explanation:

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