Mathematics, 07.12.2020 21:50 sokalotus
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%
Answers: 1
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A lender estimates that the closing costs on a $165,000 home loan will be $6,187.50. The actual clos...
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