Narrative 14-2
For problems in this section, use Table 14-1 from your text to find monthly mortgage payments.
-Refer to Narrative in your text 14-2. Martin Sacks purchased a sports shop for $186,000. His bank is willing to finance 75% of the purchase price. As part of the mortgage closing costs, Martin had to pay $3 \frac { 1 } { 4 }$ discount points. How much did this amount to?

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The Answer of Narrative 14-2
For problems in this section, use Table 14-1 from your text to find monthly mortgage payments.
-Refer to Narrative in your text 14-2. Martin Sacks purchased a sports shop for $186,000. His bank is willing to finance 75% of the purchase price. As part of the mortgage closing costs, Martin had to pay $3 \frac { 1 } { 4 }$ discount points. How much did this amount to?

Narrative 14-2 for Problems in This Section, Use Table 14-1 3143 \frac { 1 } { 4 }341​

Narrative 14-2
for Problems in This Section, Use Table 14-1 $3 \frac { 1 } { 4 }$