Why do incumbents in Congress usually win?   A good essay w…

Why do incumbents in Congress usually win?   A good essay will include the following components. These are not the answers to the essay questions but rather guidelines to assist you in organizing the content to get full credit. Understanding the Incumbency Advantage (5 points): Do you explain the core concept of the incumbency advantage?  Describing the Contributing Factors (3 points): Do you explain how incumbents use various forms of representation to secure their reelection? Clarity and Conciseness (2 points): Is your essay well-organized and easy to follow? Does it stay within the specified word count? (Gen Ed Outcomes AI1, AI3, AI4, SS1, SS3)

Randy and Rhoda just got married and found their dream home….

Randy and Rhoda just got married and found their dream home. They will need to take out a loan of $96,000 to pay for the home, as they have a $24,000 down payment. Randy and Rhoda qualify for their loan at 4% for 30 years. Randy and Rhoda have the opportunity to purchase 2 points to lower their interest rate to 2%.   What will their monthly payment be without points?