Carter Byrd
08/08/2023 · Middle School
34. A \( \$ 75,000 \) mortgage loan requires a discount of \( \$ 1 \), sys to low pald tyy the seller. Mow many polntes is thits equivalent to? a. 2.5 b. 5 c. 2 d. 4.5
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The discount of $1 on a $75,000 mortgage loan is equivalent to 0.0013 points.
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