Jeremy does not like the idea of paying points. A point is actually

A) one percent of the selling price of the house.
B) one percent of the amount financed with the mortgage.
C) one percent of the selling price minus the realtor's fee.
D) one percent of the taxable value of the house and property.
E) none of the above.

Answer: B

Business

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Indicate whether this statement is true or false.

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