Your mortgage is a 30-year fixed at 8% on $150,000. You are considering refinancing at 3.5% fixed for 30 years. The bank charges you 1.5% of your debt in closing fees. Approximately how long will it take you to recoup the closing fees from the reduced loan payment amount?

(0,,,0)

step-by-step explanation:

the table of x and y values is shown in the attached pic(part of question)

we have to decide according that graph

given points are (0, 0) (–1, 0), (2, 0)

when we graph these points on graph they show an increasing line as shown in the attached pic