Advanced Placement (AP)
Advanced Placement (AP), 06.10.2019 02:00, kadams3836

A"point" is 1% of your borrowed amount on a mortgage. you want to pay 2 points to get a 0.5% reduction in your interest rate on a $175,000 mortgage. how much will you pay in points?

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A"point" is 1% of your borrowed amount on a mortgage. you want to pay 2 points to get a 0.5% reducti...

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