Question

The bank offers Mitchell a fixed rate loan with no points and a fixed rate loan with points. The difference in monthly payments between the loan with points and the loan without points is $27.31. The cost of the points is $1,800. What number is closest to the break-even point rounded to the nearest month?

Answer 1

@jojo4eva

Answer 2

whatup ok im here

Answer 3

okay

Answer 4

ok @sydnoelle i honestly have no clue what this question is asking for @mathstudent55 can u help her

Answer 5

im gettin someone who i think can help you out

Answer 6

thank u

Answer 7

@mathstudent55

Answer 8

@hartnn