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OpenStudy (anonymous):
Leah is financing $340,000 to purchase a house. How much money will she save over the life of a 30-year, fixed-rate loan by buying 3 points with a rate of 6.475% instead of not buying points with a rate of 6.85%?
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OpenStudy (nerdgirl):
Hopefully this will help you out a bit. :) http://openstudy.com/study#/updates/51c76dc7e4b055e613b96bc3
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