You have found a home that you are interested in purchasing. instead of a conventional loan, you agree to pay the premium for the private mortgage insurance (pmi), which finances 95% of the loan. the amount of the home is listed at $95,278. from the given information, determine the amount needed for the down payment to qualify for the pmi loan.

c. y = 1/4 x + 5

step-by-step explanation:

first, put the equation of the line on the graph into slope-intercept form

(y = mx + b):   y = -4x + 8

second, a perpendicular line has to have "an opposite/reciprocal slope" to the original slope. so, find the "m" value in your original equation (it's -4, right? )

original slope: m = -4   perpendicular slope: change the sign to its opposite and find the reciprocal ("flip" the number)

new slope is now positive (b/c the original slope was negative 4), and it's 1/4 (not the original slope of 4 or 4/1)