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A buyer wants to purchase a home for $150,000 with a 30% down payment.

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A buyer wants to purchase a home for $150,000 with a 30% down payment. The lender charges 1.75 points. How much money does the buyer need up front to make the purchase?

A.

$45,000

B.

$47,625

C.

$45,788

D.

$46,838

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