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4 June, 07:22

Steve Mason purchased a storage shed for $3,074. He made a 40% down payment and financed the rest. What amount did he finance?

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  1. 4 June, 11:20
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    From the situation above, after Steve Mason made a 40% down payment for the purchased storage shed, he will only need to finance 60% of the price which is the remaining amount.

    financed amount = (0.60) ($3,074)

    The answer to the question above is $1844.4.
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