<span>If she starts work now she will earn $40,000 in two years. Borrowing 5000 dollars in year one times a flat 5% interest rate equals a total of 5250 which she would have to repay. Not caclualting for taxes, but based on her gross income, that would leave her with 42, 250 dollars and she would end up ahead by the end of two years. So yes at 4 percent it would also make sense. At 6 percent her payback amount would be 5300 dolloars and she would still end up ahead. But in real life there are taxes and compound interest.</span>
Providing and recording documents are performed by : The closing agent
<h3>Who is a
closing agent?</h3>
Closing agents are basically professionals who acts directly for the buyer by making interest of the buyer known to the seller. They are usually associated with real estate transactions.
A closing agent could be a lawyer speaking to a bank or lender. The actual closing is conducted by a closing agent who might be a worker or employee of the lender or the title company or organization.
Other duties of a closing agent are :
- Ordering title work and a property survey.
- Issuing commitment title.
- Assisting with obtaining requisite insurance
- Issuing and sending the title insurance policy to both the buyer and lender
- Assembling the loan closing package .
Therefore, closing agent responsible for providing and recording documents.
Learn more about closing agent here : brainly.com/question/8023863
