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Zanzabum
2 years ago
13

A building was bought for $185,000, with 10% down and a loan for the balance. if the lender charged the buyer two discount point

s, how much cash did the buyer need at closing to pay the down payment and the loan fees?
Business
1 answer:
Andru [333]2 years ago
4 0
The borrower needs to bring the 10% down payment and another $3,3330 for points for a total of $21,830.
Answer=$21,830
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