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gulaghasi [49]
3 years ago
6

Fred and wilma buy a home. they plan to make a down payment and carry a $90,000 mortgage. closing costs are $2,500 and are added

to the loan amount. what is the new amount being financed?
Mathematics
2 answers:
Korvikt [17]3 years ago
8 0
$90,000 + $2,500 = $92,500
Nat2105 [25]3 years ago
6 0

Mortgage rate = $90000            

Closing costs added to the loan amount = $2500      

Total new amount being financed would be = 90000+2500=92500

(the mortgage amount needs to paid along with closing costs, that is why the values are added.)                            

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