Math, asked by shuston9959, 3 months ago

A bank charges 3.1 discount points on a loan of $417,800. What is the cost of the points? (2 points)
a
$8,356.00
b
$129,518.00
c
$12,951.80
d
$4,178.00

Answers

Answered by HeyJackyHere

1

Answer:

If 3.1 is the % of interest rate then answer = 12,951.8 ( C )

Step-by-step explanation:

417,800/100 x 3.1 = 12,951.8

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