Typically,discount Points Should Not Be Paid If the Borrower Will

question 4

Multiple Choice

Typically,discount points should not be paid if the borrower will pay off the loan in ________ years or less.

• A) 5
• B) 10
• C) 15
• D) 20

---

Definitions:

Average Prices

The mean amount of money required to purchase a particular set of goods or services.

Supermarket Chains

Companies that own or operate multiple supermarket stores across different locations.

Blocking Variable

A variable introduced in an experimental design to account for potential variation, thereby reducing confounding effects.

Incentive

A benefit, reward, or cost that motivates an individual or organization to act in a certain way.