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You're about to take out a 10-year mortgage for $480,000 to buy a house. The interest rate on the mortgage is 5.52% (APR). The

You're about to take out a 10-year mortgage for $480,000 to buy a house. The interest rate on the mortgage is 5.52% (APR). The mortgage company charges you $5,555 and 1 point, both of which are taken out of the borrowed amount. Part 1 PVC What is the available amount after paying all the costs? Attempt 1/30 for 10 pts.

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