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Mathematics, 03.08.2019 15:30 deaishaajennings123

A"point" is 1% of your borrowed amount on a mortgage. you want to pay 2 points to get a 0.5% reduction in your interest rate on a $175,000 mortgage. how much will you pay in points? a) $3,500 b) $3,750 c) $4,100 d) $5,175

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A"point" is 1% of your borrowed amount on a mortgage. you want to pay 2 points to get a 0.5% reducti...
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