3. Kathy and Jake are purchasing a house and are financing $465,000. The mortgage is a 20-year
5/1 ARM at 3.5% with a 2/7 cap structure, What will the remaining balance be after the first 5 years? (3 points)
$396,038.65
$427,354.28
$407,836.29
$377,238.57

answer

d. 10

explanation

the distance from point y to wx is the height of the triangle.

using pythagoras theorem,

group similar terms to get,

this implies that,

take positive square root of both sides to get,

this implies that,

b. would be the answer : )

step-by-step explanation:

step 1: add -16x to both sides.

16x−4y+−16x=64+−16x  

−4y=−16x+64

step 2: divide both sides by -4.

−4y /-4 = -16x + 64/-4

answer:   y=4x−16

hope i'm right