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The amount paid for the discount points is $2,700
What do 3 points on the loan mean?
The 3 points mean that the borrower needs to pay 3% of the loan amount in order to enjoy a lower interest on the mortgage loan, in other words, the amount paid for the discount points is 3% of the loan amount of $90,000
amount paid for the discount=points*loan amount
loan amount=$90,000(not $120,000 which is the property purchase price)
amount paid for the discount=3%*$90,000
amount paid for the discount=$2,700
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<span>The answer is a US Circuit Court of Appeals. </span>US Court of Federal claims that it hears monetary claims against the Federal government including tax refund claims. It also claims that i<span>t is a national court based in Washington DC.</span>
Answer:
identical, different is the answer.
Explanation:
