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Mathematics, 18.10.2021 09:10 precioushayhay

Erin Thompson agreed to purchase a house for $97,900. Hoover Mortgage is willing to lend her money at 8 percent for 30 years provided Thompson can make a down payment of $8,000. The
'total closing costs are 3 percent of the amount of the mortgage loan. What are the total closing
costs?
$3,450
$2,697
b. $2,487
d. $2,280
a.

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Answers: 3

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