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How many months will it take todd to cover the cost

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Question: Todd Foley is applying for a $230,000 mortgage. He can select either a $1610 monthly payment with no points or a $1449 payment with four points. How many months will it take Todd to cover the cost of the discount points if he takes the lower monthly payment? The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132743469

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