Mortgage points, also known as discount points, are fees paid directly to the lender at closing in exchange for a reduced interest rate. This is also called “buying down the rate,” which can lower your monthly mortgage payments.One point costs 1 percent of your mortgage amount (or $1,000 for every $100,000),<span>In general, the longer you plan to own the home, the more points help you save on interest over the life of the loan. When you consider whether points are right for you, it helps to run the numbers.</span>
There are two related questions for this problem. Check the attached file for the answers.
In the given example above, the favorite tune of college level
forming group that they are considered to belong is the fisk. The fisk forming
group in the college level are famous singers of which they are students who
travel and raises funds for their college.
The formula for compounding interest is
F= P(1+i)^n
where F is the future worth, P is the principal amount, i is the interest, and n is the number of years. Applying this equation,
F = 2700(1+0.0875)^8
F = $ 5282
I hope I was able to help you with this. Have a good day!
Answer: Presentation.
Explanation:
The presentation stage is the stage after the approach stage of personal sales, where the marketer introduces a product to a potential buyer and tries to sell the product by listing out the qualities of that product to the buyer.
