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Mathematics, 09.02.2022 06:10 jam3381

The price of a home is $120,000. The bank requires a 10% down payment and two points at the time of closing. The cost of the home is financed with a 30-year fixed-rate mortgage at 8.5%. How much must be paid for the two points at closing?

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The price of a home is $120,000. The bank requires a 10% down payment and two points at the time o...
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