Register
On kyle thomason's $400,000. 00 loan, the lender charges a 2-point service charge. In this situation, how much will kyle have to pay for this service charge at closing, and how would such a charge appear
141k views
1 vote
On kyle thomason's $400,000. 00 loan, the lender charges a 2-point service charge. In this situation, how much will kyle have to pay for this service charge at closing, and how would such a charge appear on the statement?.

User Evan Conrad
by
3.1k points

1 Answer

4 votes

Answer: sorry the correct answer is $8,000

Explanation:400,000 x .2% =$8.000 debit to the buyer

User Nruth
by
2.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.5m questions

4.4m answers

Other Questions

NO ONE CAN SOLVE THIS, NEITHER CAN YOU :::By what percent will a fraction change if its numerator is decreased by 10% and its denominator is decreased by 70%?
Aid awarded based on family income is called​
What does the principle of uniformitarianism tell us about the past? Processes at work in the past were very different than those at work today. The past has no bearing on the future or present. The past
Which word(s) are associated with the illustration? A) legend B) caption C) definition D) call number
Which provides the best evidence for the theory that faults and volcanoes are results of tectonic plate interactions Tectonic plates that have many faults do not usually have volcanoes. Faults and volcanoes
Link Copied!