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Discuss how points paid by the borrower in a debt consolidation loan may add to its cost. Explain the concept of opportunity cost and when

Discuss how "points" paid by the borrower in a debt consolidation loan may add to its cost.

Explain the concept of opportunity cost and when it arises.

Briefly explain how taxes and inflation impact the time value of an investment.

You are expected to make your own contribution in a main topic as well as respond with value added comments to at least two of your classmates as well as to your instructor.

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