Use PMT= to determine the regular payment amount, rounded to the nearest dollar. The price of a small cabin is $30,000. The bank requires a 5% down payment. The buyer is offered two mortgage options: 20-
year fixed at 9% or 30-year foxed at 9% Calculate the amount of interest paid for each option. How much does the buyer save in interest with the 20-year option?
Find the monthly payment for the 20-year option
STE
(Round to the nearest dollar as needed)

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i am not sure :

step-by-step explanation:

b

step-by-step explanation:

the equation of a line in point- slope form is

y - b = m(x - a)

where m is the slope and (a, b) a point on the line

calculate m using the slope formula

m = (y₂ - y₁ ) / (x₂ - x₁ )

with (x₁, y₁ ) = (0, 4) and (x₂, y₂ ) = (3, - 5) ← 2 points on the line

m = = = - 3

with m = - 3 and (a, b) = (3, - 5), then

y - (- 5) = - 3(x - 3), that is

y + 5 = - 3(x - 3) → b