Question

Help me with this question please show work and please answer it correctly I need it today .

Answer 1

Answer:

$189 000

Step-by-step explanation:

Mara put down 7.5% on the purchase of her new home. She put $14175 as down payment.

This implies that 7.5% of purchase price is $14175. Thus the purchase price of the home is calculated below.

Convert the percentage to decimal

7.5/100 = 0.075

Since 7.5% of the purchase price = $14175

Divide $14175 by 0.075

= $189 000

Therefore, if Mara put down 7.5% on the purchase of her new home. If she put down $14 175, the purchase price of the home is $189 000.

Check

7.5% of $189 000

= 0.075 × $189 000

= $14175