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.
It is unlikely but possible to generate the same number 3 times because each number has the same probability of being generated at random.
hope this was helpful.
(x+2)^2=(x+2)(x+2)
remember
25/5=5 aka
(5^2)/5=5
so
(x^2)/x=x
((x+2)^2)/(x+2)=x+2
N= -208/3 if you want an explanation got to Wolfram Alpha. I hope this helps!!
