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Please show financial calculator key strokes Show all your work in solving the problems. You don't need to provide formulas but do need to show

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Show all your work in solving the problems. You don't need to provide formulas but do need to show all calculator keystrokes to get full credit for your answers. Part 1 You are buying a $350,000 home and are deciding between two fixed rate mortgage options. The 80% LTV option has an interest rate of 6% over 30 years. The 90% LTV option has an interest rate of 6.5% over 30 years with 2 discount points. What is the incremental borrowing cost when choosing the 90% LTV option over the 80% LTV option? . Why is the effective borrowing cost higher for the 90% LTV option

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