Answer:
When you buy expensive items with a loan, you often need to make a down payment to cover a portion of the purchase price. That initial payment is often critical for getting approved, and it can affect your borrowing costs throughout the life of your loan. As a result, it’s wise to understand how down payments work so you can choose the right down payment amount.
Answer:
I think 320
Step-by-step explanation:
sorry if wrong but I think it 320
All real numbers would be the domain here
Can you restate the question I'm having a hard time understanding what your asking?
Answer:
The tax rate was 0.8%
Step-by-step explanation:
Set up an equation:
x = tax rate
1000/125000 = x/100
Cross multiply:
1000 × 100 = 125000 × x
100000 = 125000x
0.8 = x
Check your work:
1000/125000 = 0.8/100
0.008 = 0.008
Correct!
Another way to check your work:
1000 × 100 = 125000 × 0.8
100000 = 100000
Correct!
