Answer: The loan estimate is standardized, and lists services you are allowed to shop for. You may not be able to shop for an appraisal fee or a credit report fee, but be able to shop for a land survey and title insurance. Lenders will vary in their requirements. Explanation: The Good Faith Estimate (GFE) was designed to encourage consumers to shop and then compare fees from various lenders before choosing a mortgage provider. Its original purpose was to help consumers understand what services they could shop for-so they not only received the lowest interest rate and best terms but saved significantly on closing costs as well.
I find it easiest to subtract and add the percentages to make a multiplier, then use that.
After the man's discount, he pays (100% - 12%) = 88% of the list price. After tax, he pays (100% + 3%) = 103% of the discounted price.
The amount he actually pays is $255×0.88×1.03 = $231.13.
The best choice is ...
(B) $231.13
Answer:
11
Step-by-step explanation:
10+1=11
Hope that helps ;)
1+1 = 2 that is the answer