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The cost of a home on a particular island is 1000 000 The bank requires...

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Algebra

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The cost of a home on a particular island is 1000 000 The bank requires a 15 down payment and three points at the time of closing The cost of the home is financed with a 30 year fixed rate at 8 Find the amount that must be paid for th three points at closing 25 500 O 30 000 O 68 000 80 000

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