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Megan Mei is charged 2 points on a $120,000 loan at time of closing. The original price of the home before the down payment was $140,000. The points in dollars cost Megan:

a) $2,400
b) $2,800
c) $4,200
d) $8,200
e) None of these

User Cellydy
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Out of the choices given, the points in dollars that cost Megan was $2,400. The correct answer is A. 
User Masse
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