Rose and Andrew are financing $128,000 to purchase a condominium. They obtained a 15-year, fixed-rate loan with a rate of 5.05%. They have been given the option of purchasing up to four points to lower their rate to 4.81%. How much will the four points cost them?

Jack is considering a list of features and fees for current bank: jack plans on using network atms about 4 times per month. what would be jack’s total estimated annual fees for a checking account with direct paycheck deposit, one overdraft per year, and no 2nd copies of statements? a. $44 b. $104 c. $144 d. $176