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22 March, 16:47

he Petteys family plans to buy a home for $224,900, and has been offered a 30-year mortgage with a rate of 5.5% if they make a 20% down payment. Calculate the down payment. (Do not include a dollar sign with your answer)

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  1. 22 March, 17:09
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    44,980

    Explanation:

    20 % of $224,900 = (20/100) * $224,900 = $44,980
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