Answer:
The correct option is a.
Step-by-step explanation:
It is given that Nell's mortgage is $50,150 at 10 percent for 30 years and she must pay $8.78 points per $1,000.
EMI on $1000 is $8.78, so EMI on $1 is
EMI on $1 = 8.78/1000 = 0.00878
EMI on $50150 is
EMI on $50150 = 0.00878 x 50150 = 440.317 = 440.32
Therefore the correct option is a.
Hope this help you! ^_^
