Kevin's bank offered him a 4.5% interest rate for his mortgage. If he purchases 3 points, what will be his new rate?

The new rate would be  3.75%

Step-by-step explanation:

Purchasing a point simply implies negotiating for a lower rate of interest, which involves paying 1% of the loan in lieu of 1% interest reduction.

A point implies a reduction in interest rate by 0.25% while 3 points would reduce the interest rate by 0.75%(0.25%*3)

New interest rate=4.5%-0.75%=3.75%

the height of the surface increases from the center out to the sides of the road.

step-by-step explanation:

as we move out we move away from the x-axis.

and as mentioned in the problem statement that height of a road increases when we move away from the center x.

hence proved that 3rd option

the height of the surface increases from the center out to the sides of the road.

is the correct option.