katelynniwell katelynniwell
  • 13-03-2017
  • Mathematics
contestada

A bank requires a borrower to pay 1 ½ points for a loan. Find the amount of the loan origination fee for a loan of $89,000.

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 13-03-2017
0.015×89,000
=1,335
..................
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