A percentage of the loan that is charged to cover the cost of giving the loan is known as an origination fee. The correct option is b.
What is the origination fee?The origination fee is the fee that is given to the lender when taking a loan. The lender sets the loan and in exchange for borrowing loans, the lender gets paid by the borrowers.
The origination fee is about 1% to 0.5% of the amount of the loan. The origination fee itself can cover a variety of things, some of which may be broken out in your Loan Estimate.
If a person does not have money to pay the lender of the loan application, then there are two ways from which the loan can be paid. These ways the fee may be deducted from the funds you receive or rolled into the balance of your loan.
Therefore, the correct option is b. an origination fee.
To learn more about the origination fee, refer to the link:
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how do u even teach a class for 8 hours
Answer:
IKR AND HOW DO U EVEN LEARN FOR 8HOURS
Explanation:
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All of the attendees at a symposium are either phys-
icists or biologists. If there are 123 physicists and
270 biologists, then how many additional physicists
must arrive at the symposium in order for the ratio
of physicists to total attendees to become 2 to 5?
Answer:
The number of additional physicist that must arrive are;
59 physicists
Explanation:
A ratio in mathematics is an indication of the number of times one quantity is larger than another quantity, that is the number of times a number of an item is found the number of another item
The given parameters of the attendees at the symposium are;
The number of physicists at the symposium, p = 123 physicists
The number of biologists at the symposium, b = 270 biologists
The total number of attendees at the symposium, T = 123 + 270 = 393 attendees
Let 'x' represent the expected number of physicist at the symposium
For the ratio of physicists to the total attendees to become 2:5, we have;
x/Tₓ = 2/5
Where;
Tₓ = The expected total number of attendees at the symposium = x + 273
∴ x = (2/5) × Tₓ = (2/5) × (x + 273)
x = (2/5) × (x + 273) = 2·x/5 + 2×273/5
x - 2·x/5 = 2×273/5
3·x/5 = 2×273/5
3·x = 546
x = 546/3 = 182
The expected number of physicist at the symposium, x = 182 physicist
The number of additional physicist that must arrive = x - p
∴ The number of additional physicist that must arrive = 182 - 123 = 59
The number of additional physicist that must arrive = 59 physicists
The sum of two polynomials is modeled below.
Answer:
hello i can help
Explanation:
its A a square+1
do you believe ethical truths are universal or relative? why?
Can a 529 prepaid tuition/ college savings plan be applied to certain foreign institutions?
I fell asleep last night and was unable to finish my book. Yesterday I read from page 211 to page 275. How many pages did I read?
Answer:
64?
Explanation:
hich best describes a force?
a vector with magnitude and direction
a vector with speed and strength
a vector with direction only
a vector with strength only
A vector with magnitude and direction
anyone has last minute tips for the SAT on saturday?
Answer:
Start early. We know that ideally you'd like all the time in the world to prepare for a test, but that's not a luxury high school students have. ...
Study with Official SAT Practice on Khan Academy. ...
Take a full-length practice test. ...
Pay attention in class. ...
Know what to expect on test day.
Explanation:
[30 Points] Answer this question! Please provide why this is the answer don't just put the answer tell me with a reason. Just for those clowns who think they are smart enough to put the incorrect answer or put whatever or steal it, I'm going to report the false comment and my points will return to me and you will have no points that you stole from me. ( ANSWER CHOICE IS IN THE SCREENSHOT Thank you for helping me out)
Answer:
A
Explanation:
A doesn't provide any measurable or provable evidence or information. All the other answer choices include measurable data and is "new" and thus also disproving/ challenging previous information. Answer choices B C D are claims that can be tested in an experiment too.
briefly explain the importance of researching a course before you complete your secondary education
Answer:
You would be better off researching a course before secondary school because you should know exactly what to expect and how the course can benefit you and your future.Ask yourself if you can see yourself 10 years in the future using this course or degree.
Explanation: