Question
Loan Option 1: 279,000; 5.3875%; 30 years with 1 point Loan Option 2: $279,000; 5.875%; 30 years with no points If you decide to take
Loan Option 1: 279,000; 5.3875%; 30 years with 1 point
Loan Option 2: $279,000; 5.875%; 30 years with no points
If you decide to take Loan Option 1 that offers the points, what is your principal balance after 7 years?
a.) $247,260.48
b.) $295,309.83
c.) $279,000
d.) $269,473.22
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The Future For Investors
Authors: Jeremy Siegel
1st Edition
140008198X, 978-1400081981
