Question: One point on an $ 8 0 , 0 0 0 loan for the purchase of a $ 1 1 0 , 0 0 0

One point on an $80,000 loan for the purchase of a $110,000 home would equal
A. $1,000.
B. $1,100.
C. $100.
D. $800.
One point on an $ 8 0 , 0 0 0 loan for the

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