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2 years ago

If someone buys a home for $200,000 and makes a 20 percent down payment, that person will have to?

1 answer:

5 0

If someone buys a home for $200,000 and makes a 20 percent down payment, that person will have to pay $40,000 up front.

<h3>What is Down payment?</h3>

An advance, partial payment known as a down payment is made when buying expensive products or services like a home or a car.
Typically, it is paid in cash or an equivalent at the time the transaction is completed. The remaining payment must then be financed through a loan of some kind.

A greater down payment typically indicates that you are a less risky borrower, and a lower interest rate reflects a less hazardous borrower.
A lower interest rate will enable you to pay less interest overall and save you money on your monthly payment.

Learn more about down payment here:

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kogti [31]

Answer:

The correct answer is (C)

Explanation:

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3 years ago

The Pennsylvania Turnpike is a tolled freeway running through the state of Pennsylvania. Motorists must pay tolls at various poi

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Answer: Private good

Explanation:

According to the given scenario, the Pennsylvania Turnpike is classified the private type of good on the basis of given situation as private good is one of the type of goods that must be purchased by the customers due to its positive advantages or benefits.

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The following are some example of the private goods are as follows:

Food
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Therefore, Private good is the correct answer.

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4 years ago

Items listed in a job description detailing work to be performed are _____. skills, tasks, tools, data

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3 years ago

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3 years ago

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Answer:

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Explanation:

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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