The fees that Broker Eric most likely charged Paul for making the loan is $390.
What amount did Broker Eric charge?
While brokers are allowed to charge fees on helping their clients to acquire loans, this amount shouldn't be too high. 5% on a loan and $750 are considered to be too high.
The most likely amount that Broker Eric charged would have been $390 which is reasonable based on most loan amounts.
Options for this question are:
a. $390
b. 5% of the principal
c. $750
d. Actual costs under $700
Find out more on broker fees at https://brainly.com/question/16203925.
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