Steve is buying Darryl's house for $360,000. Steve's loan amount is $275,000. He has agreed to pay 2 points at closing. How much will Steve pay for points?

$5,500

Step-by-step explanation:

Steve is Darrlyn house for $360,000

Steve loan amount $275,000

He agreed to pay 2 points at closing

Therefore the amount steve will pay for points can be calculated as follow

= 275,000 × 2/100

= 275,000 × 0.02

= 5,500

Hence Steve will pay $5,500

1/3 + 1/5 = 8/15.

step-by-step explanation:

hope it

3/20

step-by-step explanation:

well, there are 20 outcomes, and 3 of them you want. so, 3/20