Mathematics, 18.05.2021 02:40 aaanderson59
9. Elizabeth and Nicholas want to buy a new home in Sunset Park. They need to
borrow $ 480,000. Their bank offers an opportunity for the couple to buy down the
quoted interest rate of 4.2% by 0.125% per point purchased. Each point will cost
1% of the amount borrowed. What will be the cost to purchase 2 points?
$9,600
$6,000
$20,160
$12.000
Answers: 3
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9. Elizabeth and Nicholas want to buy a new home in Sunset Park. They need to
borrow $ 480,000. The...
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