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Soloha48 [4]
3 years ago
9

You are purchasing a home for $145,000.In order to get a 30 year fixed mortgage rate of 4.5%, the bank requires a 20% down payme

nt.
What is the down payment amount?
Mathematics
1 answer:
Firdavs [7]3 years ago
8 0
20% of $145,000 is
0.2*$145,000 = $29,000

Answer: $29,000
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