Alender estimates that the closing costs on a $165,000 home loan will be $6,187.50. the actual closing costs were 3.5% of the loan amount. determine if the closing costs were higher or lower than the estimate and by what percent? a. higher by 0.25% b. higher by 0.5% c. lower by 0.25% d. lower by 0.5%

Step-by-step explanation:

% of estimated closing cost =

$165,000 * x% = $6,187.50

= $6,187.50 ÷ $165,000

= 0.0375

x = 0.0375 x 100

= 3.75

So,

= 3.75% of $165,000

= $5775

Therefore, the closing cost= 3.75% - 3.5% = 0.25%

domain is all the x values included in the

0 ≤ x ≤ 2

range is all the y values of the graph

-2 ≤ y ≤ 2

***keep in mind that there are different ways to show domain and range

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yes

step-by-step explanation: