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Mathematics, 11.02.2020 04:04 chutcherson020

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?

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Darryl is considering a purchase of a $125,000 home at 6.5%. Under this rate,

his mortga...
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