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Mathematics, 12.03.2021 19:50 mattwe4567893987654
PLEASE HELP TIMED TEST
Justin Lowery is buying a condominium that sells for $150,000. The bank is
requiring a minimum down payment of 18%. To obtain a 20-year mortgage at 9.5%
interest, Justin must pay 2 point(s) at the time of closing. What is the cost of the 2
point(s) on the mortgage?
Select one:
o a. $3000.00
b. $2589.47
c. $2460.00
d. $11,685.00
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Answers: 2
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PLEASE HELP TIMED TEST
Justin Lowery is buying a condominium that sells for $150,000. The bank is
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