Adam Smith bought a home with a 13% adjustable rate mortgage for 20 years. He paid $11.72 monthly per thousand on his original loan. At the end of 4 years he owes the bank $75,000. Now that interest rates have gone down to 10%, the bank will renew the mortgage at this rate or Adam can pay $75,000. Adam decides to renew and will pay $9.66 monthly per thousand on this loan. You can ignore the small amount of principal that has been paid. What is the amount of the old monthly payment? $ a0 What is the amount of the new monthly payment? $ a1 What is the percent of decrease in his new monthly payment?

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the answer will be b x² +x-1

step-by-step explanation:

$79500

step-by-step explanation:

it is not that hard all u have to do is plot the graph

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