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Mathematics 13 Online
OpenStudy (anonymous):

please help. A mortgage is in the amount of $800,000. The origination fee is 0.9%, the intangible tax is 0.1%, and there are 2.2 discount points. Which of the following is the total cost of the origination fee, intangible tax, and discount points? $25,600 $8,000 $18,400 $17,600

OpenStudy (anonymous):

@ankit042 @dumbcow

OpenStudy (dumbcow):

just add the percents , then take that percentage of 800,000

OpenStudy (anonymous):

would it be B? @dumbcow

OpenStudy (ankit042):

I am getting A

OpenStudy (dumbcow):

?? 8000 is only 1%

OpenStudy (anonymous):

OOPS

OpenStudy (dumbcow):

discount points are each 1%

OpenStudy (anonymous):

ITS A

OpenStudy (dumbcow):

yep

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