Mathematics, 10.06.2020 18:57 HAPPYVIBES
Justin Lowery is buying a condominium that sells for $ 120 comma 000. The bank is requiring a minimum down payment of 10%. To obtain a 20-year mortgage at 8.5% interest, Justin must pay 1 point(s) at the time of closing. What is the cost of the 1 point(s) on the mortgage?
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Justin Lowery is buying a condominium that sells for $ 120 comma 000. The bank is requiring a minimu...
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