Which statement about the student's answer is correct? a company spent $5,884 in one month to advertise its new website. the company figured that it would need to spend $3,185 the next month on the website. how much would the company end up spending for both months? a student answered that the company will spend $2,699 for both months. a. the answer should be about $3,000. the student's answer is close to the estimated answer. b. the answer should be about $8,000. the student's answer is not correct. c. the answer should be about $9,000. the student's answer is not correct. d. the answer should be about $10,000. the student's answer is not correct.

a.

step-by-step explanation:

step 1 distribute 2 to every term in the parentheses

step 2 add 10 on both sides of the equal sign

explanation:

the loan estimate encourages consumers to shop. since it is the lenders who are required to issue a standardized loan estimate in a specific time frame, this way consumers are provided an opportunity to compare lenders and their products. otherwise consumer wouldn't know the benefits offered by other lenders.  

if a loan originator does not provide a loan estimate within 3 business days of receiving a completed loan application, that lender is in violation. lenders are required to issue a loan estimate within 3 days of applying for a loan or within 7 days prior to closing. having a loan estimate has following information.

not having loan estimate won't give you an idea of money to be borrowed.

you get to know your interest rates.

you also get to know if your interest rate can or may vary.

not having a good faith estimate can keep you unaware of aforementioned points.