Mathematics, 11.10.2020 14:01, thelonewolf5020
A loan officer earns a salary of $22,500 and 0.4% commission on total sales. He also gets a service fee of $1.75 on every loan preapproval application he processes. Assume the loan officer processes an average of $100,000 in loans each week and completes 8 preapproval applications each week. How much will he earn this year?
Answers: 3
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