The first one is -5,-3 ab.
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:
4278600
Step-by-step explanation:
You go to the number that would be in the 100th place (6) look to the number to the right (4), greater than 5 round up less than 5 round down.
Answer:

Step-by-step explanation:
We can write the following system of equations:
, with variables as defined in the question.
Multiply the first equation by
and add both equations to isolate and solve for
:
.
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