Ask Question
25 November, 11:56

You have found a house that you would like to purchase. The amount of the home is $225,000. You would like to finance the home through your local credit union but they require a 10% down payment. Determine the amount needed for the down payment so that the bank will finance the home purchase.

a.

$22,500

c.

$225,000

b.

$202,500

d.

$2,250

+3
Answers (1)
  1. 25 November, 14:17
    0
    So the down payment percentage is 10 ℅!

    so the 10℅ of 225000 will be

    10/100*225000 = 22500

    ! so the answer is A!
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “You have found a house that you would like to purchase. The amount of the home is $225,000. You would like to finance the home through your ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers