Multiple Choice
Use estimation to select the best response. Do not calculate. A $49,000 30-year loan at
10% + 1.5 points + $150 origination fee
Would require what monthly income for the buyer?
A) $4,000
B) $13,750
C) $425
D) $1,250
__________ (A, B, C or D)
Correct Answer:
Verified
Correct Answer:
Verified
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