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Patrick is buying a house for $85,000. His closing costs are 5% of the price of the house. How much will he have to pay for closing costs? I assume $4,250?

Respuesta :

We need to calculate the 5% of $85000 in order to know the closing costs

[tex]85000\cdot\frac{5}{100}=4250[/tex]

He will pay for closing costs $4,250

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