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Question 40 3 pt Solve the problem. The price of a home is $240,000. The bank requires a 5% down payment and one point at

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Question 40 3 pt Solve the problem. The price of a home is $240,000. The bank requires a 5% down payment and one point at the time of closing. T cost of the home is financed with a 15-year foxed-rate mortgage at 7.5%. a. Find the required down payment. b. Find the amount of the mortgage. c. How much must be paid for the one point at closing? O a down payment: $12,000 b. amount of mortgage: $228,000 c. poires paid at closing: $2400 O a. down payment: $12,000 b. amount of mortgage: $228,000 c. points paid at closing: $2400 a. down payment: $12,000 b. amount of mortgage: $228,000 c. points paid at closing: $2280 a. down payment: $12,000 b. amount of mortgage: $228,000 c. points paid at closing: $2280

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