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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.
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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.
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Sep 17, 2018
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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.
Mathematics
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JIST
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0.015×89,000
=1,335
..................
Praneeth Ramesh
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Sep 22, 2018
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Praneeth Ramesh
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