If the selling price of a home is $505,000 with a 15% down payment, what is the amount of the down payment?$75,000$75,500$75,750

Question

1 year ago

9

$80,000None of these choices are correct.

1 answer:

AlladinOne [14] · Answer 1 · 2024-01-01T10:01:58+03:00

5 0

Answer

the down payment is $75,750

Explanation

The selling price of a house = $505, 000

The person made a 15% down payment

Down payment = 15% x $505, 000

Down payment = 0.15 x $505, 000

Down payment = $75, 750

Therefore, the down payment is $75,750