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27 February, 18:03

Theodore and Belinda bought a house for $577,300. They obtained a mortgage for $514,400. Their mortgage broker charges a fee of $300 + 6.5%. How much are Theodore and Belinda paying in brokerage fees? (show work)

A = $33,436

B = $37,824.50

C = $33,736

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  1. 27 February, 19:35
    0
    Brokerage fees

    514,400*0.065+300

    =33,736
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