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Business, 25.07.2019 07:00 marco1604

Todd foley is applying for a $127,000 mortgage. he can get a $787 monthly payment for principal and interest and no points, or a $677 monthly payment with 2.275 points. approximately, how many months will it take todd to cover the cost of the discount points if he takes the lower monthly payment? (round your answer to the nearest whole month.)

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