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Mathematics, 22.05.2020 02:08 robert7248

Rhonda wants to take out a 30-year, $280,000 loan with a 4.4% APR. She is considering purchasing 2 points, which will decrease her APR by 0.125% per point. Each point will cost 1% of her loan. Compare her monthly payments WITH and WITHOUT the purchase of the points. HELP!!!

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Rhonda wants to take out a 30-year, $280,000 loan with a 4.4% APR. She is considering purchasing 2 p...

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