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book Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman cover

Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman

Edition 7ISBN: 978-1285448596
book Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman cover

Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman

Edition 7ISBN: 978-1285448596
Exercise 42
Larry Mager purchased a ski lodge in Telluride for $850,000. His bank is willing to finance 70% of the purchase price. As part of the mortgage closing costs, Larry had to pay 4
Larry Mager purchased a ski lodge in Telluride for $850,000. His bank is willing to finance 70% of the purchase price. As part of the mortgage closing costs, Larry had to pay 4     discount points. How much did this amount to? discount points. How much did this amount to?
Explanation
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Consider the cost of the lodge...

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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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