Question: Use estimation to select the best response. Do not calculate. A $ 1 0 2 , 5 0 0 3 0 - year loan at

Use estimation to select the best response. Do not calculate.
A $102,50030-year loan at
8%+0.5 point +$200
would have a fee for points of about which of the following amounts?
$675
$10,250
$500
$875
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Use estimation to select the best response. Do not calculate. A

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