Amount Financed(P) = $ 128,000
Time = 15 year
Rate of interest= 5.05%
Amount after 15 years translates to,
Rose and Andrew has taken four points to lower their rate to 4.81% .
Amount after 15 years translates to, if rate of interest is 4.83 %
Cost of four points = 268,009.890 - 259,713.0404
= $8296.8496
The answer will be 2 cuz you multiply them at the answers
Answer:
5.7*10^-3
Step-by-step explanation:
Answer:
35%
Step-by-step explanation: