John needs a loan of $120,000 to buy a home. He is given two choices. Choice 1: 20-year fixed rate at 7% with closing costs of $1500 and no points.
Choice 2: 20-year fixed rate at 6.5% with closing costs of $1500 and 2 points.
Calculate the monthly payments and total closing costs for each choice.

a. What is the monthly payment for choice 1?

b. What is the monthly payment for choice 2?

C. What is the total closing cost for choice 1?

d. What is the total closing cost for choice 2?

e. Which choice is the better deal? Explain.

Examine the paragraph proof. which theorem does it offer proof for? prove jnm – nmi according to the given information in the image. jk | hi while jnm and lnk are vertical angles. jnm and lnk are congruent by the vertical angles theorem. because lnk and nmi are corresponding angles, they are congruent according to the corresponding angles theorem. finally, jnm is congruent to nmi by the transitive property of equality alternate interior angles theorem gorresponding angle theorem vertical angle theorem o same side interior angles theorem