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andrey2020 [161]
3 years ago
15

The list below shows the closing costs on a home loan amount of $185,000. closing cost charge loan origination $275 title insura

nce $528 attorney's fees $750 appraisal $275 recording fees $121 if the buyer also paid a 3% real estate agent commission, what was the total amount paid at closing?
a. $2,499
b. $5,550
c. $6,499
d. $7,499
Business
2 answers:
gregori [183]3 years ago
8 0
Its D, just took the test.
Alchen [17]3 years ago
5 0

Total closing cost = 275 +528+750+275+121 = 1,949

Commission = 0.03*185,000 = 5,550

Total amount paid at closing = 5,550+1,949 = 7,499 (Option D)

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3 years ago
Differentiate accounts receivable from notes receivable.
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7 0
2 years ago
Osion Electronics Inc. incurs a cost of $350 to produce one unit of a cell phone. The company's management has priced the produc
Vsevolod [243]

Answer:

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For computing the economic value as:

EV (Economic value) = (Actual rate of return - Cost of Capital) × Net Investment

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8.Kline and Salomon form the KS Partnership as 50/50 partners. Kline contributes equipment that has a fair market value of $60,0
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5 0
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