Anabelle is purchasing a $105,000 home and her bank is offering her a 30-
year mortgage at a 4.5% interest rate. In order to lower her monthly payment,
Anabelle will make a 20% down payment and will purchase 2 points. What will
her monthly mortgage payment be?
A $545.08
B. $423.14
C. $413.23
D. $428.98
SU