When discount points are paid, the bank collects a one-time fee at closing in exchange a lower mortgage rate to be honored for the life of the loan.
The banks consider this payment to be "prepaid mortgage interest". Meanwhile, mortgage interest is tax-deductible for eligible tax-filers so, for many mortgage borrowers, there's a tax advantage to paying discount points.
Answer:-abc
Step-by-step explanation:
To collect like terms of
8a^6bc-abc-8a^6bc
=8a^6bc-8a^6bc-abc
=-abc
Answer:
I believe the answer is 5 units. Because it shows the line's arrow at unit 5.
Convert 8 hours and 15 minutes into minutes- 8 x 60=480 480+15=495
100%-75%=25%
25%=0.25
0.25 x 495 = 123.75 minutes or 2 hour and 3.75 minutes
Hope this helps!!