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Marrrta [24]
2 years ago
9

Broker Eric secure the loan for buyer Paul the fees that Eric charges Paul for making the loan could be which of the following a

mounts
Business
1 answer:
Ahat [919]2 years ago
4 0

The fees that Broker Eric most likely charged Paul for making the loan is $390.

<h3 /><h3>What amount did Broker Eric charge?</h3>

While brokers are allowed to charge fees on helping their clients to acquire loans, this amount shouldn't be too high. 5% on a loan and $750 are considered to be too high.

The most likely amount that Broker Eric charged would have been $390 which is reasonable based on most loan amounts.

Options for this question are:

a. $390

b. 5% of the principal

c. $750

d. Actual costs under $700

Find out more on broker fees at brainly.com/question/16203925.

#SPJ1

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<u>$26000</u>

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