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Igoryamba
3 years ago
7

ABC Bank requires a 20% down payment on all of its home loans. If a house is priced at $105,000, what is the amount of the down

payment required by the bank?
A. $18,000
B. $210,000
C. $21,000
D. $14,500
Mathematics
2 answers:
hoa [83]3 years ago
8 0

21,000 is the answer for apex

mr_godi [17]3 years ago
3 0
Percentage of down payment that ABC bank requires to be paid = 20%
Price of the house = $10500
Then
Amount of down payment
that needs to be made = (20/100) * 105000
                                     = 21000 dollars
From the above deduction, it can be deduced that the correct option among all the options that are given in the question is the third option or option "C". I hope that this is the answer that has actually come to your desired help.
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