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In finance, 1 Point is ____ and Points are used by lenders to _____. A) a clause in the loan agreement; make loans more affordable

In finance, 1 Point is ____ and Points are used by lenders to _____. A) a clause in the loan agreement; make loans more affordable for the borrower B) used on a simple interest loan; improve the loan process C) one percent; make more profit for the lender

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