Question

I have no idea .

Answer 1

Purchasing discount points is a decision which can be financially justified or not justified. Create a unique example where purchasing discount points is not justified, solve the problem, and explain why the decision isn’t justified.

Answer 2

my answer : 410,000 with a 30-year fixed , 3.8 % annual rate & 1 point Discount . That will all come down to equaling $1910.43 .

Why it's not justified because the annual rate is kinda high for 1 discount point to outcome to m = 1910.43