Question $15$

$1$ pts

In order to help a buyer to qualify for an $$80,000$ loan at $10\%$ for $25$ years, the builder agrees to "buy down" the first year payment by $50\%$ and second year payment by $25\%.$ How much should this agreement cost the builder?

$$5,000$

$$6,600$

$$5,560$

$$6,006$