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you are thinking of taking out a 20000 mortgage and are presented with two options. you can obtain a 30 year fixed mortgage at 5.6
you are thinking of taking out a 20000 mortgage and are presented with two options. you can obtain a 30 year fixed mortgage at 5.6 or a 30 year fixed rate mortgage at 4.4 % by paying 2 discount points. What are your monthly payments if you pay the points? round to two decimals
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