subject
Mathematics, 16.04.2020 02:57 aliyahaliyah54

:

The credit union offered Zach a $200,000, 10 year loan at a 3.625% APR. The bank offers Zach the option to purchase points at a cost of 1% of the loan amount. Each point purchased lowers the APR by 0.125%

Part A

About how many years will it take Zach to break-even if he purchases 1 point? years

Part B

Should Zach purchase the points?

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:30, hailscooper7363
Simplify this expression.2(10) + 2(x – 4) a. 2x + 16 b. x + 12 c. 2x + 12 d. x + 16
Answers: 2
image
Mathematics, 21.06.2019 21:50, shay68596
What is the next step in the given proof? choose the most logical approach. a. statement: m 1 + m 2 + 2(m 3) = 180° reason: angle addition b. statement: m 1 + m 3 = m 2 + m 3 reason: transitive property of equality c. statement: m 1 = m 2 reason: subtraction property of equality d. statement: m 1 + m 2 = m 2 + m 3 reason: substitution property of equality e. statement: 2(m 1) = m 2 + m 3 reason: substitution property of equality
Answers: 3
image
Mathematics, 21.06.2019 22:50, kallee10
Type the correct answer in the box. use numerals instead of words. if necessary, use / for the fraction bar.
Answers: 1
image
Mathematics, 21.06.2019 23:00, jayjay2006
What is the value of n in the equation -1/2(2n+4)+6=-9+4(2n+1)
Answers: 1
You know the right answer?
:

The credit union offered Zach a $200,000, 10 year loan at a 3.625% APR. The bank offe...

Questions in other subjects:

Konu
Mathematics, 30.08.2020 01:01
Konu
Mathematics, 30.08.2020 01:01
Konu
Mathematics, 30.08.2020 01:01