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IrinaK [193]
3 years ago
6

Working with Percents A lender requires a minimum down payment of 16% of the value of the home. You have $25,000 cash available

to use as a down payment toward a home. Determine the maximum home value that you can finance. You can afford to finance a home worth at most s Round your answer to the nearest dollar.
Mathematics
1 answer:
katovenus [111]3 years ago
6 0

Answer:

maximum amount that can be financed is $156,250

Step-by-step explanation:

Data provided:

Minimum down payment required by the lender = 16% of the value of home

Available cash in hand = $25,000

Now,

the  maximum amount of down payment that can be paid = $25,000

let the maximum amount that can be financed is 'x'

also,

16% of x = $25,000

or

0.16 × x = $25,000

or

x = \frac{\$\textup{25,000}}{\textup{0.16}}

or

x = $156,250

Hence, the maximum amount that can be financed is $156,250

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( b − 9 ) ( b + 7 )

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Find two number that multiplies - 63 and add - 2

9 & 7 are both the greatest common factor

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44⁰.

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monitta

Options:

a. Nikki's proposed placement will light a greater area than Dylan's placement.

b.  Dylan's proposed placement will light a greater area than Nikki's placement.

c.  Both proposed placements will light the same sized area.

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=============

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