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Mark is purchasing a house for $480,000 using a $360,000 home loan. Mark's lender is charging a loan origination fee of 1.5 points. How much

Mark is purchasing a house for $480,000 using a $360,000 home loan. Mark's lender is charging a loan origination fee of 1.5 points. How much will Mark pay in origination fees? $720 (Dollars) $540 (Dollars) $5,400 (Dollars) $7,200 (Dollars)

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