A municipal issuer has sold housing bonds to build subsidized housing, where the homeowners make the mortgage payments to the municipal authority. The homeowners begin to prepay their mortgages at a faster than expected rate. If this occurs, the issuer will retire outstanding bonds by making a(n):

a4 - 3a2 - 1

step-by-step explanation:

step   1   :

equation at the end of step   1   :

  ((a4) -   3a2) -   1

step   2   :

trying to factor by splitting the middle term

2.1     factoring   a4-3a2-1  

the first term is,   a4   its coefficient is   1 .

the middle term is,   -3a2   its coefficient is   -3 .

the last term, "the constant", is   -1  

5/12, or 5: 12

step-by-step explanation:

hi! i think the answer is 1/2 : )

step-by-step explanation: