Help Save &E Calculating Fees on a Loan Commitment During the last year you have had a loan commitment from your bank to fund inventory purchases for your small business. The total loan avalable was $1.080.00. of which you took down $830,000. It is now the end of the loan commitment period and your bank is acking you to pay the backend fees. You have misplaced the paperwork that isted the terms of the commitment, but you know you paid total fees this does not include any Interest paid to borrow the $830000 of $4.865 on thes loan commitment You remember that the up-front fee was 30 basis points what is the back-end fee on this loan commitment Mutiple Choice 35 basis points 65 besis points 65 basis points 35 besis points