Answer: Charlie's down payment to purchase home is $30,000.
Step-by-step explanation:
Given that :- Charlie purchased a home for price = $300,000
Mortage company requires a down payment of =10% of price of home
Therefore, Charlie's down payment = 10% of price for home
⇒Charlie's down payment =10% of $300,000
⇒Charlie's down payment =0.1 × $300,000
⇒Charlie's down payment =$30,000.
Thus, Charlie's down payment to purchase home is $30,000.
