Mathematics
Mathematics, 23.01.2020 21:31, rodriguez1980

Darryl is considering a purchase of a $125,000 home at 6.5%. under this rate,
his mortgage payment would be $790.10. if he purchases a point, his new
mortgage payment is $779.83. how many months would it take him to break-
even on the points purchase?

answer
Answers: 3

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Darryl is considering a purchase of a $125,000 home at 6.5%. under this rate,
his mortgage pay...

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