Question

Last question, please help

Purchasing discount points is a decision which can be financially justified or not justified. Create a unique example where purchasing discount points is justified, solve the problem, and explain why the decision is justified. Your example should include the following: principal amount being financed, number of discount points, interest rates with and without points, and the monthly payment amounts with and without points.

Answer 1

@agent0smith

Answer 2

@ganeshie8

Answer 3

@ranga

Answer 4

@hwtrain

Answer 5

anyone?

Answer 6

Find one example of purchasing discount points. Just one. Let's look at the mechanics.