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OpenStudy (anonymous):
Rose and Andrew are financing $128,000 to purchase a condominium. They obtained a 15-year, fixed-rate loan with a rate of 5.05%. They have been given the option of purchasing up to four points to lower their rate to 4.81%. How much will the four points cost them?
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OpenStudy (anonymous):
@satellite73 could you help me with a few questions starting with this one?
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