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The price of a condominium is $181,000. The bank requires a 5% down payment and one point at the time of opening. The cost of the condominium is financed with a 30 year fixed ra…

The price of a condominium is $181,000. The bank requires a 5% down payment and one point at the time of opening. The cost of the condominium is financed with a 30 year fixed ra…
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The price of a condominium is $181,000. The bank requires a 5% down payment and one point at the time of opening. The cost of the condominium is financed with a 30 year fixed rate mortgage at 10%.

User Omar Kohl
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8.2k points

1 Answer

3 votes

Answer:16000

Explanation:

User Peoro
by
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