subject
Mathematics, 10.03.2020 19:08 ale414141

10. Teachers' Federal Credit Union offers a 3.25%, 10-year mortgage. Moira wants to borrow
$380,000 and "purchase" enough negative points to eliminate her $14,000 closing costs. Each
negative point reduces the closing costs by 1% of the principal and increases the APR by 0.135%.
a. How many points will she need?
b. What will her new APR be?
c. What is the breakeven time for Moira's loan?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 20.06.2019 18:04
To ? nd out how many students are unhappy with the dining hall food, you distribute a survey. which method of surveying would produce the least amount of bias in your data?
Answers: 1
question
Mathematics, 21.06.2019 16:30
Problem fathi wants to print out a pdf document that is 48 pages long. to save paper, he decides to print on both sides of each sheet and to print two pages on each side of the sheet. how many sheets of paper will he need?
Answers: 3
question
Mathematics, 21.06.2019 19:00
Jack did 3/5 of all problems on his weekend homework before sunday. on sunday he solved 1/3 of what was left and the last 4 problems. how many problems were assigned for the weekend?
Answers: 3
question
Mathematics, 21.06.2019 19:30
The wheels of a bicycle have a diameter of 70cm. how many meters will the bicycle travel if each wheel makes 50 revolutions
Answers: 2
You know the right answer?
10. Teachers' Federal Credit Union offers a 3.25%, 10-year mortgage. Moira wants to borrow
$38...
Questions
question
Mathematics, 10.03.2020 04:43
Questions on the website: 13722360