You have just taken a $110,000 FRM at 8% for 30 years, monthly payments. You know that your APR is 8.214% but you cannot remember how many discount points you paid. If you had $550 in financing fees other than discount points, the points you paid were:

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ANS WER 1 point WORK ING 550 110 000 0 005 0 005 x 100 0 5 0 5 points EX PL AN ... View the full answer