Mathematics, 27.03.2021 03:10 citlalli30
Richard and Amy are financing $140,000 to purchase a condominium. They obtained a
15-year, fixed-rate loan with a rate of 5.15%. They have been given the option of
purchasing up to five points to lower their rate to 4.93%. How much will the five
points cost them? (2 points)
O $7,210
O $7,000
O $6.902
O $1,400
What’s the answer
Answers: 1
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Richard and Amy are financing $140,000 to purchase a condominium. They obtained a
15-year, fixed-ra...
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