Mathematics, 05.06.2020 00:04, pinapunapula

If one discount point costs the borrower 1% of the loan amount and increases the lender's yeild by ⅛ of 1 percent how many discount points must be purchased to lower the interest rate by 1 percent

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If one discount point costs the borrower 1% of the loan amount and increases the lender's yeild by ⅛...