When discount points are paid, the bank collects a one-time fee at closing in exchange a lower mortgage rate to be honored for the life of the loan.
The banks consider this payment to be "prepaid mortgage interest". Meanwhile, mortgage interest is tax-deductible for eligible tax-filers so, for many mortgage borrowers, there's a tax advantage to paying discount points.
Answer:
18
Step-by-step explanation:
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Dudyr
Wybk D
√x = -6+9
√x = 3
x = 3²
x = 9
Answer:
10 tiles
2 vowel (E, I)
Then P(pick vowel) = 2/10 =1/5 =20%