SOLUTION: Thomas Dugally of Century 21 Realty is working with a mortgage company that charges borrowers $350 plus 2% of the loan amount. What is the total charge to get a home loan of $95,00

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Thomas Dugally of Century 21 Realty is working with a mortgage company that charges borrowers $350 plus 2% of the loan amount. What is the total charge to get a home loan of $95,00      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 73218This question is from textbook business mathematics
: Thomas Dugally of Century 21 Realty is working with a mortgage company that charges borrowers $350 plus 2% of the loan amount. What is the total charge to get a home loan of $95,000?
Rosemary This question is from textbook business mathematics

Answer by checkley75(3666) About Me  (Show Source):
You can put this solution on YOUR website!
350+.02*95,000=350+1,900=2,250 total charges for the sale.