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Mathematics, 09.04.2020 05:14 georgesk2030

Marcie is considering a purchase of a $160,000 home and her bank is

offering her a 5.25% interest rate on a 30-year mortgage with an option of

purchasing points. The bank is requiring a 20% down payment. If she decides

to apply the price of 2 pcints to her down payment instead, what will her

monthly mortgage payment be? Round your answer to the nearest dollar.

O A. $656

O B. $693

O C. $608

O D. $633

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Answers: 3

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