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On March 31. year 1, Mary borrowed $190,000 to buy her principal residence Mary paid 2 points to reduce her interest rate from 5 percent

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On March 31. year 1, Mary borrowed $190,000 to buy her principal residence Mary paid 2 points to reduce her interest rate from 5 percent to 4 percent. The loan is for a 30-year period. What is Mary's year deduction for her points paid? Multiple Choice O $2,850. $3,800. O $32 $95

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