<h3>Answer: 14400</h3>
Chances are your teacher doesn't want you to enter any commas. You won't type in the dollar sign either.
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Explanation:
Nice work on selecting the correct equation to set up.
We'll cross multiply to help solve for x.
The idea of cross multiplication is that turns into
So,
That means the person would pay $14,400 on a property worth $800,000.