Clarrisa Madison purchases a home and secures a loan of $240,000. The bank charges a fee of 2.26 points. Find the charge for points.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.5: Descriptive Modeling And Accuracy
Problem 1BGP
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Clarrisa Madison purchases a home and secures a loan of $240,000. The bank charges a fee of 2.26 points. Find the charge for points.
$ _______

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