Buying a Home Reading Quiz QUESTION 9 of 10: A "point" on a loan equals: a) 0.1% of the loan amount b) 1% of the loan amount c) 2% of the loan amount d) 10% of the loan amount

b) 1% of the loan amount

Explanation:

Question - A "point" on a loan equals ?

Solution -

We know that,

One point = 1% of the loan value

So,

The correct option is -  b) 1% of the loan amount

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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