Based on the information provided, it can be inferred that the lender made an excellent estimate; was equal to actual closing costs (option A)

<h3>How do you know what the lender's estimate was? </h3>

Based on the information provided, the lender estimated that the closing cost is equal to 3% of the $ 180,000 loan. To calculate that value we must do the following operation:

$ 180,000 / 100 x 3% = $ 5,400.

Based on the above, the estimated closing cost for that loan is $ 5,400.

<h3>How to know the real cost of closing the loan? </h3>

To know the real cost of the loan closing we must add the following values:

Closing Cost Charge Loan origination $ 345
Title insurance $ 600
Attorney's fees $ 1,350
Appraisal $ 480
Inspection $ 550
Recording fees $ 175
Escrow $ 1,900

$ 1,900 + $ 175 +% 550 + $ 480 + $ 1,350 + $ 600 + $ 345 = $ 5,400.

According to the above, the lender made a very precise estimate because his calculation hit the exact value of the closing cost (option A)

Learn more about lender in: brainly.com/question/3268275

3 0

2 years ago

If j=h and k=m then which expression represents the value of g

Colt1911 [192]

Answer:

Step-by-step explanation:

as given j=h and k=m then which expression for g is

as from attached image , we can see that its look like two right angle triangle

so from lower triangle we apply the pythagorean theorem .

which state that sum of the squares on the legs of a right triangle is equal to the square on the hypotenuse.

so small triangle ΔEBD

h² +k²= g² ---------------(1)

now from big triangle ΔABC

(j + h)² +(m + h)² =f²---------(2)

given j=h and k=m so from equation-2 we can find ,

(h + h)² +(k+ k)² =f²

(2h)² +(2k)²=f²

4h²+ 4k²= f²

4(h²+k²)= f² ----------(3)

now from equation 1 and 3 we can obtained .

4×g² =f²

take square root both side we get,

2×g=f

so g=f/2----- Answer

6 0

3 years ago