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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:))))

1 answer

No.

2,000 / 80 = ?

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