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Business, 10.11.2020 16:40 staciagirl6672

homeowner can obtain a $250,000, 30-year fixed-rate mortgage at a rate of 6.0 percent with zero points or at a rate of 5.5 percent with 2.25 points. If you will keep the mortgage for 30 years, what is the net present value of paying the points (to the nearest dollar)

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homeowner can obtain a $250,000, 30-year fixed-rate mortgage at a rate of 6.0 percent with zero poin...
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