Question
Leonardo is ready to purchase a house that costs $300,000. He wants the minimum LTV to avoid PMI. He qualifies for a 30-year fixed-rate loan
Leonardo is ready to purchase a house that costs $300,000. He wants the minimum LTV to avoid PMI. He qualifies for a 30-year fixed-rate loan at 4.5%, what is the total finance charges? (Choose the answer that is closest to the correct answer.)
| $80,890 | ||
| $201,000 | ||
| $197,800 | ||
| $90,150 |
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Financial Management For Nurse Managers Merging The Heart With The Dollar
Authors: J. Michael Leger
5th Edition
1284230937, 9781284230932
