You are going to purchase a house that costs $195,000, the bank requires a down payment of 10%, the mortgage you are looking at is a 15 year fixed mortgage with a rate of 7.5%, with three points due at the time of closing What is the monthly mortgage payment (round to the next dollar)?
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Gray looks up the definition of point. a point is a location in a region. what is true about the statement describing the word point? 1. the statement uses the terms location and region that are defined based on an understanding of a point. 2.the statement precisely defines the concept of a point. 3. the statement does not include information needed to fully define a point. 4. the statement is an incorrect description of a point because it does not use mathematical words.