Answer:
$2,980
Step-by-step explanation:
Mortgage points is a term used by a mortgage brokers and it is usually referred to the percentage of the loan amount.
From the given question:
Felicia decided to purchase 2 points in order to lower her interest rate on her $149,000 mortgage
the 2 points that Felicia purchased is equivalent to 2% i.e 0.02 points
Thus; the additional money she need to bring to closing is calculated by the formula:
cost = points × loan amount
= 0.02 × $149,000
= $2,980
The answer is C. Hopefully this help. (Less than 14).
therefore, the Correct choice is d) 15
Answer:
12
Step-by-step explanation:
If he shares it equally with his brother, that is 12÷2=6
Then he receives 2, so 2+6=8