alansantos8009 alansantos8009
  • 09-01-2023
  • Mathematics
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Rose and Andrew are financing $128,000 to purchase a condominium. They obtained a 15-year, fixed-rate loan with a rate of 5. 5%. They have been given the option of purchasing up to four points to lower their rate to 4. 81%. How much will the four points cost them?

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