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Madeline is financing $321,800 to purchase a house. How much money will she save over the life of a 20 year fixed rate loan by buying five points with the rate of 4.23% instead of not buying points with the rate of 5.18%? Round to the nearest dollar. (show work)

A= $39,984
B= $23,894
C= $36,697
D= $36,766

User Wangchi
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User Tuvia Khusid
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