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Mathematics, 06.06.2020 11:57 hi105

Peter's bank offered him a 4.85% interest rate for his mortgage. If he purchases 3 points, what will be his new rate?
A. 0.375%
B. 1.75%
C. 4.475%
D. 4.575%

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Peter's bank offered him a 4.85% interest rate for his mortgage. If he purchases 3 points, what wil...
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