Question

Monique buys a $4,700 air conditioning system using an installment plan that requires 15% down. How much is the down payment?

Answer 1

You need to find 15% of $4,700.
To find a percent of a number, multiply the percent by the number.

15% of $4,700 =

= 15% * $4,700

= 0.15 * $4,700

= $705

Answer 2

$705 is the down payment.