Rounding in the calculation of monthly interest rates is discouraged. such rounding can lead to answers different from those presented here. for long-term loans, the differences may be pronounced. several years ago bill got a home mortgage of $125,000 with a term of 30 years at an apr of 9%. use the monthly payments for long-term loans rule of thumb to estimate his monthly payment. $ compare this estimate with what the monthly payment formula gives. (round your answer to the nearest integer.)

The federal reserve controls certain interest rates in the united states. investors often try to speculate as to whether the federal reserve will raise or lower rates and by how much. suppose a company conducts extensive interviews with financial analysts, and as a result, predicts that "thefed" will increase rates by an average of 0.25 percentage points every six months for the forseeable future. which type of equation could be used to model the predicted interest rates over the next several years, assuming no other significant changes? a) a linear equation b) a quadratic equation c) a polynomial equation d) an exponential equation