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  3. the buyer of a plece of real estate is otten given

The buyer of a plece of real estate is otten given the option of buying...

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Accounting

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The buyer of a plece of real estate is otten given the option of buying donn the loan. This option gives the buyer a choice of loan terms in which various combinations of interest rates and discount points are offered. The choice of how many points and what rate is optimal is ofen a mutter of thow long the buyer intends to keep the propeity. discount points, a 9,25\%4 30 - year loan and pay 3 discount points, or a 9,5\% 70 -year loan and pay 2 discount points. Darrell expects to hold the bulding for thiree years and then 3esl at: Except for the three rate and discount point combinations, all other costs of puectiaeing and wellig are fived and identical. (loound your andwers to the nearnat cent. Use this table, if necestary.) (a) What is the amount being financed? the 4 point 9 in lian the 3-polet 925% load the 2 point 9.5 sioan

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