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The Word and Its Meaning: Estimate Mortgage Rate
Imagine you're at a fancy restaurant where every dish is priced individually, with each ingredient costing exactly one dollar. Imagine your server comes around, asking if you would like to estimate the price of your meal. You say "Yes." "Alright," says your waiter, holding up a piece of bread and saying in a high-pitched voice, "This piece of bread costs $2." Your server takes out another slice of bread from the counter, which costs an even higher amount than what you just paid for. You're left with only 15 cents on your hand, but you can't buy that much bread! You ask if they could estimate the price of the rest of your meal. "Sorry," says your server, "I'm sorry, but I have no idea how to do this." The waiter leans back in their chair and smiles. "Well, we're all about helping our customers get the best deal possible, aren't we?" Your server looks embarrassed, but then they start talking about a new recipe for a dish that will change your life forever. You wonder if you'll have enough money to pay off your mortgage. The restaurant is known for its extravagant desserts, and your waiter's favorite is a tall, dark, and handsome man named Alex, who seems like he owns the place. You know Alex because they make their own bread, so you can trust him on this occasion. Alex takes out another piece of
