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A owner bought a house for $65000 and put up $13000 in cash as a down payment. The owner received a conventional first mortgage loan

A owner bought a house for $65000 and put up $13000 in cash as a down payment. The owner received a conventional first mortgage loan from the bank and trust that charged the owner 3 points as a service charge for making the loan. What amount will the owner have to pay as the service charge

A. $390

B. $1560

C. $1950

D. $3000

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