Mathematics
Mathematics, 10.07.2019 05:00, godchaux15395

Jenny is buying a house for $335,000. she obtains a mortgage in the amount of $186,000 at a 5.5% fixed rate. the bank offers a 5.25% interest rate if jenny pays 3.75 points. what is the cost of points for this mortgage rounded to the nearest dollar. a) $10,230 b) $12,563 c) $9765 d) $6975

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Jenny is buying a house for $335,000. she obtains a mortgage in the amount of $186,000 at a 5.5% fix...

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