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If the closing costs were 5% of the loan amount, how much was the loan amount?

If the closing costs were 5% of the loan amount, how much was the loan amount?
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2 votes
If the closing costs were 5% of the loan amount, how much was the loan amount?

If the closing costs were 5% of the loan amount, how much was the loan amount?-example-1
User Pasquale Anatriello
by
8.3k points

2 Answers

3 votes

Answer:

B

Step-by-step explanation:

$70,880

User Lohardt
by
8.9k points
0 votes
Hey!

Just took the test, the answer is letter B

Good luck!
User Ali Gonabadi
by
8.1k points
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