1. DETAILS AUFEXC4 11.5.007. MY NOTES ASK YOUR TEACHER The purchase price of a condominium is $123,000. A down payment of 24% is made. The bank charges $725 in fees plus 2 points. Find the total of the down payment and the closing costs. (Round your answer to the nearest cent.) Submit Answer

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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11.
DETAILS
AUFEXC4 11.5.007.
MY NOTES
ASK YOUR TEACHER
The purchase price of a condominium is $123,000. A down payment of 24% is made. The bank charges $725 in fees plus 2- points. Find the total of the down payment
and the closing costs. (Round your answer to the nearest cent.)
$
Submit Answer
Transcribed Image Text:11. DETAILS AUFEXC4 11.5.007. MY NOTES ASK YOUR TEACHER The purchase price of a condominium is $123,000. A down payment of 24% is made. The bank charges $725 in fees plus 2- points. Find the total of the down payment and the closing costs. (Round your answer to the nearest cent.) $ Submit Answer
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