ANSWER THIS PLEASE
Posted: Thu May 05, 2022 6:45 pm
ANSWER THIS PLEASE
Suppose that you decide to purchase a home and you secure a 30-year, $335,000 loan at an annual interest rate of 5.5%. If points are 1.5% of the loan amount, find the fee for points. Then add the fee for points to the loan amount. This is the modified mortgage on which the APR is calculated. The sum of the fee for points and the loan amount is $
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