Business, 14.01.2022 17:30 kamkam1713
A lender estimates that the closing costs on a $165,000 home loan will be $6,187. 50. The actual closing costs were 3. 5% of the loan amount. Determine if the closing costs were higher or lower than the estimate and by what percent? a. Higher by 0. 25% b. Higher by 0. 5% c. Lower by 0. 25% d. Lower by 0. 5% Please select the best answer from the choices provided A B C D.
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A lender estimates that the closing costs on a $165,000 home loan will be $6,187. 50. The actual clo...
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