1. Maddie sold her home for $87,000 FHA. If you are a buyer you will obtain a mortgage for $80,000 and the seller will pay 4 discount points. The broker will get 6% commission for the sale and the seller will pay title, survey, and attorney fee totaling $700. What will the seller received at closing?

$77,520

$79,520

$77,880

$79,880

2.

If taxes are of $3,337 and the assessed value is $71,000, what is the mill levy?

.470 mills

47 mills

.047 mills

37 mills