Alana is purchasing a $160,000 home and her bank is offering her a 30-year
mortgage at a 4.9%...
![Mathematics](/tpl/images/cats/mat.png)
Mathematics, 04.12.2019 05:31, ShlomoShekelstein
Alana is purchasing a $160,000 home and her bank is offering her a 30-year
mortgage at a 4.9% interest rate. in order to lower her monthly payment,
alana will make a 20% down payment and is considering a purchase of 3
points. how much lower will her monthly payment be if she purchases the
points?
![answer](/tpl/images/cats/otvet.png)
Answers: 3
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