It is this photo if it has been added
If Brandon waited for 2 years to buy his car and put aside that $236.97 each month to add to his down payment, what would be his
monthly payment on a 4-year loan at 12% interest
1 answer:
You might be interested in
Answer:
The difference between 19 and 8 is 11.
Step-by-step explanation:
Given:
The difference between a number and 8 is 11
Find the number.
Solution:
Let the unknown number be
The difference between the unknown number can be written as:
We are given that the difference =11
So we can write the equation to find as :
Using additive property to solve for
Adding 8 to both sides to isolate on one side.
∴
∴ The unknown number = 19
Down payment is 20% of the price of the home. Since the couple saved $35,000, and assuming they will pay the whole money as down payment, the highest priced home they can get is a price whose 20% is $35,000.
We can setup an equation in x (being the price of home) to get the price of the most expensive home they can buy.
<em>Which number (x) , multiplied by 20%, is equal to $35,000?</em>
<em></em>
So, the most expensive house they can buy is worth $175,000.
ANSWER: $175,000