Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

ally7343

  • 3 years ago

how do i do this? help please?(: Randall and Augustine are financing $148,000 to purchase a condominium. They obtained a 15-year, fixed-rate loan with a rate of 4.95%. They have been given the option of purchasing up to five points to lower their rate to 4.73%. How much will the five points cost them?

  • This Question is Closed
  1. TheBonc
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    $7,400.00

  2. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy