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One point represents a. 1 percent per month additional charge. b. 1 payment per month. c. 1 additional percent for every $10,000 borrowed. d. 1

"One point" represents

a.

1 percent per month additional charge.

b.

1 payment per month.

c.

1 additional percent for every $10,000 borrowed.

d.

1 percent of the amount borrowed.

e.

none of the above

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