PLEASE HELP :(

Caleb purchased a house that sold for 231000. He obtained a mortgage of 187500 The bank charged 2.25 points for an origination fee and 2.5 discount points. What was the total cost of the origination fee and discount points that Caleb paid?

Question

PLEASE HELP :( 

Caleb purchased a house that sold for 231000. He obtained a mortgage of 187500 The bank charged 2.25 points for an origination fee and 2.5 discount points. What was the total cost of the origination fee and discount points that Caleb paid?

anonymous · Answer

@ganeshie8 please help me ?

anonymous · Answer

@whpalmer4 would you help?

ganeshie8 · Answer

you should post this in Math group

ganeshie8 · Answer

this is "Advanced Algebra with Fianancial Applications"