The lender’s good faith estimate is that he made a poor estimate; it was off by more than 0.5% of the actual closing costs.
<h3>What is closing cost?</h3>
All the expenduture and charges charged by a lander and other parties is called the closing cost.
A lender estimates the closing costs on a home loan will be 3.75% of the loan amount of $120,000. Thus, the estimate closing cost is,
The actual closing costs are listed below.
- Loan origination $300
- Title insurance $600
- Attorney’s fees $1,250
- Appraisal $550
- Inspection $525
- Recording fees $125
- Escrow $2,000.
The total annual cost is,
Total annual cost is $300 more than the estimate closing cost. In the percentage form,
Thus, the lender’s good faith estimate is that he made a poor estimate; it was off by more than 0.5% of the actual closing costs.
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Answer
given,
opera house ticket = $50
attendance = 4000 persons
now,
opera house ticket = $52
attendance = 3800 person
assuming these are the points on the demand curve
(x, p) = (4000,50) and (x,p) = (3800,52)
using point slope formula
R(x) = x . p
at 
x = 4500
hence at x =4500 the revenue is maximum
for maximum revenue ticket price will be
p = $45
Ranking in order from best to worst : Point, line, plane.
Step-by-step explanation:
12.A point in geometry is a location with no size and is shown by a dot. A point is the most fundamental object in geometry that represents a position.
A line can be defined as a connected set made up of infinitely many points.A line has one dimension and extends in infinitely in different directions.It has zero width and zero height.
A plane is an infinite set of points forming a connected flat surface that extends infinitely far in all directions. In a plane, the width, length and height are infinite.
13.
Points S and V are collinear points.
Points R, and U are collinear points
Points Q and T are collinear points
The figure has no plane indicated
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Point, line and plane : brainly.com/question/13148935
Keywords : line, plane, point, best worst, conclusion
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