The answer is $3500.
You are simply asking for the equivalent of 2 points for the mortgage of $175,000. Since 1 point is equal to 1% of the mortgage, 2 points is 2% of the mortgage then.
Equation:
Y = P% * X
Y = 2% * 175000
Convert P into decimal: P = 2/100 = 0.02
Y = 0.02 * 175000
Y = 3500
I don’t know if it’s glitching for me, but I can not see the picture
If my house was going to burn down and I could only save one object, I would save my grandfathers guitar. I would do this because it is a family heirloom, so it is very special to me. It is also the last thing I have left of my grandfather, so I want to be able to keep this guitar for as long as I can do it can be passed down to generations after me. The guitar has already been passed down through 2 generations before me so I would like to keep the tradition going and keep it in the family. It is also a rare guitar that isn’t made anymore so it is irreplaceable to my family.
Hope this helps! :)