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OpenStudy (anonymous):
Jakob is purchasing a condominium for $347,500 and has financed 90% of it. He has purchased 2 discount points, has to pay a 1.75% origination fee of $100 plus .25% of the loan. What are his total fees that he must pay? a.$12,610.01 B$13,031.25 c.$13,218.13 d.$13,913.13 I know that 2 discount points equal .02 and that is supposed to be multiplied by the principle or something.
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OpenStudy (anonymous):
@Teddyiswatshecallsme
OpenStudy (teddyiswatshecallsme):
I have literally no idea.
OpenStudy (anonymous):
@Hotchellerae21
OpenStudy (anonymous):
@e.mccormick @Hero @texaschic101
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