Answer:
$2,980
Step-by-step explanation:
Mortgage points is a term used by a mortgage brokers and it is usually referred to the percentage of the loan amount.
From the given question:
Felicia decided to purchase 2 points in order to lower her interest rate on her $149,000 mortgage
the 2 points that Felicia purchased is equivalent to 2% i.e 0.02 points
Thus; the additional money she need to bring to closing is calculated by the formula:
cost = points × loan amount
= 0.02 × $149,000
= $2,980
just do whatever you did now
12/28 = 3/7
you know that it is a loss so you can ignore the wins column. Adding up both the losses of the wolves and the losses of the hawks will give you the total losses.
the answer is losses of the wolves/total losses
