Q: Todd Foley is applying for a $100,000 mortgage. He can get a $600 monthly payment for principal and interest and no points, or a $520 monthly payment with 2 points? How many months will it take Todd

to cover the cost of the discount points if he takes the lower monthly payment?
A. 6
B. 10
C. 18
D. 25

A: 6 B

Siao29|Points 50|

Question

Asked 8/8/2012 1:37:25 PM

Updated 8/20/2012 1:14:02 PM

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