John Anderson bought a home with a 10.5% adjustable rate mortgage for 30 years. He paid $9.99 monthly per thousand on his original loan. At the end of 5 years he owes the bank $65,000. Now that interest rates have gone up to 12.5%, the bank will renew the mortgage at this rate or John can pay $65,000. John decides to renew and will now pay $10.68 monthly per thousand on his loan. You can ignore the small amount of principal that has been paid. What is the amount of the old monthly payment?

What is the amount of the new monthly payment?

What is the percent of increase in his new monthly payment?

Look at this system of equations. -3x + 3y = 12 y = x + 4 the solution set of this system is best explained by which of these statements? a) the graphs of the equations are the same line because the equations have the same slope and the same y-intercept. the system has infinitely many solutions. b) the graphs of the equations are parallel lines because they have the same slope but different y-intercepts. the system has no solution. c) the graphs of the equations are lines that intersect at one point because the equations have the same slope but different y-intercepts. the system has exactly one solution. d) the graphs of the equations are lines that intersect at one point because the equations have the same slope and the same y-intercept. the system has exactly one solution.