SOLUTION: Thomas Dugally of Century 21 Real Estate is working with a mortgage company that charges borrowers S350 plus 2% of the loan amount. What is the total charge to get a home loan of

Question 1186742: Thomas Dugally of Century 21 Real Estate is working with a mortgage company that
charges borrowers S350 plus 2% of the loan amount. What is the total charge to get a
home loan of $190.000?

Answer by ikleyn(52877) (Show Source): You can put this solution on YOUR website!
.


    350 + 0.02*190000 = use your calculator.

RELATED QUESTIONS
Thomas Dugally of Century 21 Realty is working with a mortgage company that charges... (answered by checkley75)

A mortgage company classifies its borrowers into three categories: Low Risk, Medium Risk, (answered by Boreal)

A real estate firm charges a flat fee of $500 per sale, plus 2 1/2 % commission on the... (answered by Cromlix)

Stan is a real estate salesperson. He receives 60% of 5% commission that the real estate... (answered by ewatrrr)

Stan is a real estate salesperson. He recive 60 % of 4.8 commissions that real estate... (answered by greenestamps)

A real estate Speculator purchases a tract of land for $1000000 and assumes a 25 year... (answered by Theo)

A random sample of 100 rates of return on real estate investments were computed and... (answered by oscargut)

Refinancing a mortgage: A real estate Speculator purchases a tract of land for $1000000... (answered by Theo)

Iwas Realty is a real estate company selling homes in the Vancouver, British Columbia.... (answered by Boreal,ewatrrr)