Without buying points, a monthly mortgage payment will be $1,250. buying 1 point at closing would reduce the payment to $1,236. to the nearest year, how long would it take to break even by buying 1 point, with a $100,000 mortgage?

b.

6 years

Step-by-step explanation:

took the test

answer: 33 ( approx)

step-by-step explanation:

since, in the linear regression formula, the slope is the a in the equation y = b + ax ( by comparing it with the general equation of line y = mx + c )

where,

here given table is,

price ($), x   :           18         23       25       29       30       33

pairs sold, y :         16         13         10       8         6       2

so, ,   ,   ,

and   ,

thus, slop of the given line is,

⇒  

⇒   ≈ 33