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Amy and Mark Rogers are negotiating with their local bank to secure a mortgage loan in order to buy their first home. With only a

Amy and Mark Rogers are negotiating with their local bank to secure a mortgage loan in order to buy their first home. With only a limited down payment available to them, Amy and Mark must borrow $325,000. Moreover, the bank has assessed them 1.5 point on the loan. How much home mortgage credit will they actually have available for their use?

Answer: $__________ (two decimal points)

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