Question
Todd is applying for a $100,000 mortgage.He can get a $600 monthly payment for principal and interest and no points,or $520 monthly payment with 2 points.How many months will it take Todd to cover the cost of discount points if he takes the lower monthly payment?
a)6
b)10
c)18
d)25
IS C CORRECT ANSWER?THANK YOU:))))
a)6
b)10
c)18
d)25
IS C CORRECT ANSWER?THANK YOU:))))
Answers
Ms. Sue
No.
2,000 / 80 = ?
2,000 / 80 = ?