Wednesday
April 1, 2015

Homework Help: Business Math

Posted by Kik on Wednesday, March 12, 2014 at 4:36pm.

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(1/4) discount points. How much did this amount to?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math - Larry purchased a ski lodge in Telluride for $850,000. His bank is ...
Finance - You have just purchased a new warehouse. To finance the purchase, you'...
Math - Larry mows the same-sized lawns in his neighborhood each weekend during ...
finance - You have just purchased a new warehouse. To finance the purchase, you’...
Finance - You have just purchased a new warehouse. To finance the purchase, you ...
SMU - You have just purchased a new warehouse. To finance the purchase, you've ...
f - You have just purchased a new warehouse. To finance the purchase, you’ve ...
managerical finance - You want to purchase a new condominium which costs $329,...
accounting - 1. Sharon Kent is a realtor. She organized her business, called SK ...
11 grade math - 3 people Curlie, Moe, and Larry have single and double hits at a...

Members