Todd foley is applying for a 100,000 mortgage. he can get a 600 monthly payment for principal and interest and no points, or a 520 monthly payment with 2 points. how many months will it take todd to cover the cost of the discount points if he takes the lower monthly paymenta 6 b 10 c 18 d 25

D. 25

Step-by-step explanation:

The 2 points cost Foley 2% × $100,000 = $2000. He saves $600 -520 = $80 per month, so it will take him

... $2000/($80/mo) = 25 mo

to save the cost of the points.

step-by-step explanation:

once you graph it hit 2nd (the blue button) and graph

that takes you to a table of coordinates

on the left is x coordinates and on the right is y coordinates and an empty box

(you may have to scroll up/down in order to get ( x, 0)