Please help with this:)
1 answer:
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Answer:
0.03
Step-by-step explanation:
We have been given that a $75,000 loan requires $1,875 in discount points to be paid by seller and $375 in discount points to be paid by the buyer.
First of all, we will add the seller discount points and buyer discount points.
Now, we will divide sum of discount points by total loan amount to find the total discount points as:
Therefore, total discount points would be 0.03.
