A mortgage

A mortgage company charges borrowers $3.50 plus 2% of the loan amount. What is the total charge to get a home loan of $190,000?

Correct answer:

x =  3803.5 USD

Step-by-step explanation:

a=190000 USD r=2%=1002=501=0.02  x=3.50+r a=3.50+0.02 190000=3803.5 USD

Did you find an error or inaccuracy? Feel free to write us. Thank you!

Tips for related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.

You need to know the following knowledge to solve this word math problem:

Units of physical quantities:

Grade of the word problem:

Related math problems and questions: