*Financial Algebra* [Work Is Shown]

Shayla is financing a house for $126,750. She has to pay $450 plus 1.15% for a brokerage fee.
How much are the mortgage brokerage fees?

$2,351.25

$1,907.63

$1,457.63

$595.76
---------
1.15% * 280,00 = 3220
3220 + 450 = 3670

Question

*Financial Algebra* [Work Is Shown]

Shayla is financing a house for $126,750. She has to pay $450 plus 1.15% for a brokerage fee. 
How much are the mortgage brokerage fees?

 $2,351.25

 $1,907.63

 $1,457.63

 $595.76
---------
1.15% * 280,00 = 3220
3220 + 450 = 3670 <--- ?

anonymous · Answer

@CGGURUMANJUNATH You think you can help ?

cggurumanjunath · Answer

@AnimalAin You think you can help him out ?

anonymous · Answer

Convert it into an equation and solve.  Let x equal the fees.  Then$$x=450 +(.0115)(126750)$$

anonymous · Answer

I think the only thing we have left here is some arithmetic.

anonymous · Answer

By mental math, I estimate a little less than $2000.  What do you get?

anonymous · Answer

Thank you !!!

anonymous · Answer

No sweat.  Do math every day.