Answer:
833/500 or 1 333/500
Step-by-step explanation:
Answer:
D
Step-by-step explanation:
Discount points are normally a type of prepaid interests that lowers the interest on subsequent payments for mortgage borrowers pay.
Each of the points is given by:
1 point = 1% of the mortgage value.
Therefore,
Cost of discount points = 0.01*519,000*3 = $15,570
Cost of origination points = 0.01*519,000*2 = $10,380
In this regard, option B. is the correct answer on the cost of discount and origination points respectively.
Answer:
(3)4
Step-by-step explanation:
3 x 3 x 3 x 3 can also be written as (3)4 or 3 to the 4th power