A bank has agreed to lend you $127,800 for a home loan. The loan will be fully amortized over 57 years at 12.98%, with .13 points. The loan payments will be monthly. The closing cost is estimated to...

A bank has agreed to lend you $127,800 for a home loan. The loan will be fully amortized over 57<br>years at 12.98%, with .13 points. The loan payments will be monthly. The closing cost is estimated to<br>be $2,168.<br>Calculate the prepaid interest.<br>O $169.18<br>O $167.72<br>O $196.60<br>O $177.71<br>

Extracted text: A bank has agreed to lend you $127,800 for a home loan. The loan will be fully amortized over 57 years at 12.98%, with .13 points. The loan payments will be monthly. The closing cost is estimated to be $2,168. Calculate the prepaid interest. O $169.18 O $167.72 O $196.60 O $177.71

Jun 04, 2022

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A bank has agreed to lend you $127,800 for a home loan. The loan will be fully amortized over 57 years at 12.98%, with .13 points. The loan payments will be monthly. The closing cost is estimated to...

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