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A homeowner can obtain a $250,000, 30-year fixed-rate mortgageat a rate of 6.0% with zero points or at a rate of 5.5% with 2.25points.How long must the owner stay in the house to make it worthwhileto pay the points if the payment saving is not invested?A.7.15 yearsB.6.04 yearsC.7.53 yearsD.5.90 years
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