Megan Mei is charged 2 points on a $120,000 loan at the time of closing. The original price of the home before the down payment was $140,000. The points in dollars cost Megan: Multiple Choice None of these $2,400 $2,800

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A:

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Q: Need Answer please give it

A:

Q: The Bourassas decide to sell a home for $480,000. They are charged a real estate commission of 8% of…

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Q: SCHOOL OF BUSINESS ADMINISTRATION Corporate Financial Management FINC 401 Answer the following…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a…

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Emergency Fund

The emergency fund is an amount that is kept aside to meet financial emergencies such as medical expenses and debt settlements. Emergency funds reduce the burden on people during their hardships. People save small portions of their earnings or paychecks as emergency funds to meet financial emergencies. Emergency funds should be saved or invested in such a way that they must be easily liquidated during emergencies. The main purpose of an emergency fund is its availability when required.