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.
2/4, .64, 65%, 7/10. To turn fractions into decimals you divide, and for percent you go 2 decimal places up or forward. HOPE THAT HELPS!
Answer:
a
Step-by-step explanation:
if he passes he will be happy
