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Melody decided to purchase 1 point in order to lower her interest rate on her $ 163,000 mortgage. How much additional money does she need to bring to closing? A. $3260 B. $4890 …

Melody decided to purchase 1 point in order to lower her interest rate on her $ 163,000 mortgage. How much additional money does she need to bring to closing? A. $3260 B. $4890 …
asked 208k views
5 votes
Melody decided to purchase 1 point in order to lower her interest rate on her

$ 163,000 mortgage. How much additional money does she need to bring to
closing?
A. $3260
B. $4890
C. $6520
D. $1630

asked
User Anton Bogdanov
by
8.1k points

1 Answer

6 votes

Answer:

D 1630

Explanation:

answered
User Dazedandconfused
by
9.2k points
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