Answer:
Step-by-step explanation:
PB = 12 (P=1, B=2) Numerical values are assigned to each letter and each letter takes on a single number.
Answer:
$9450
Step-by-step explanation:
Given that:
The price of the home = $450000
The interest = 7.8%
Down payment = 30% of price of the home
i.e 0.3 × 450000 = 135000
The principal outstanding balance = 450000 - 135000
= 315000
Finally, the cost of 3 points will be;

= $9450
Answer- 8.4
Work =14 3/5 = 8.4