Bill took out a $125,000.00 mortgage on a lake house. the bank charged 2 points at the closing. the points amounted to $7,500.00. $2,500.00. $750.00. $5,000.00.

the correct answer is option is option B

Step-by-step explanation:

bill took mortgage on lake house of  $125,000.00

the bank charge him 2 points  at the  closing.

2 point closing means bank charges 2 % on the amount.

hence we need to find  2 %  of the mortgage on a lake house

  so , the pointed amount will be

   =

   =  0.02 × 125,000.00

   = 2500

so,  the point amounted is $2500

hence, the correct answer is option is option B

well if he bought them at 5 cedis each sold them at 7 cedis each then he would make a profit of 2 cedis of each book. if in total he made 150 cedis profit that means he sold 75 books. he lost 12 books at the start so that means he originally bought a total of 82 books.

step-by-step explanation: