x < −8/21
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Answer:
2
Step-by-step explanation:
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.
Well, considering this is a Math Joke, I believe, the answer is, "Because it is the scenter." Or (Center).
Hoped this helped! :)
