Use estimation to select the best response. Do not calculate. A $49,000 30-year loan at
10% + 2 points + $150 origination fee
Would have a fee for points of approximately
A) $450
B) $1,150
C) $5,000
D) $1,000
__________ (A, B, C or D)

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The Answer of Use estimation to select the best response. Do not calculate. A $49,000 30-year loan at
10% + 2 points + $150 origination fee
Would have a fee for points of approximately
A) $450
B) $1,150
C) $5,000
D) $1,000
__________ (A, B, C or D)

Use Estimation to Select the Best Response